Complementary Currencies Working Group
The national money system has its place and facilitates exchanges of goods and services of all kinds. But like the air we breathe, it is too often taken for granted. Most of us do not deeply consider how money is created and how the money system functions. Furthermore, because the national money system is based on debt and scarcity, it can sometimes inhibit rather than facilitate exchanges that would benefit communities.
That's where complementary currencies come in: helping facilitate exchanges of goods and services for parts of the local economy not well served by the national money system alone.
The Complementary Currencies Working Group is exploring options for complementary currencies on Oahu. A few examples are local, paper currencies like Ithaca Hours, mutual credit systems like Time Banks and service exchanges, and business-to-business exchanges of excess capacity and inventory. Even loyalty punch cards and airline miles are forms of complementary currency.
Report from the Feb. 28, 2013 meeting in Aina Haina -- many links to resources
Money as Debt (video)
Local Money suggests how groups can create future forms of local money that can deepen local resilience and support the development of more local production of the things we need, such as food and power, while also reducing a community's CO2 emissions.
Creating Wealth demonstrates how a healthy society can be attained using creative initiatives such as time banks, systems of barter and exchange, and local currencies, cities and towns can empower themselves and build vibrant, healthy, sustainable local economies.
How to Start a Community Currency
(Reslilience.org, originally from Shareable.net)
WEBINAR RECORDING: How to Start a Time Bank
(Center for a New American Dream)
Local Currency Resources from the New Economics Institute
Resources for Community Currency Activists (communitycurrency.org)
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