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Tagged in: Untagged |
May 21, 2009
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Posted by: caroline
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One of the most fascinating things that we covered in the Conscious Bookkeeping Level 1 Course was the idea of complementary currency. In fact, an idea that set me on fire was that the most healthy societies have both active currency, or money as we all know it, as well as complementary currency.
Let's start at the beginning: what is complementary currency? It is defined as any currency that is regulated by those who participate iits exchange, rather than regulated by the government. In other words, it is a system of trade. These systems can become relatively complex, as in local currencies where you have special separate "dollars" that can be exchanged for services and goods within the community of participants.
How does this support a society? It keeps local businesses in contact and support oother. If any of you have started your own business, you'll know that there is a lot of benefit from trade to be had in the early stages. I have certainly used trade myself and know that Bari talks quite openly about loving trade as an option in her courses.