Local Exchange Trading Systems
Another community barter network is called Local Exchange Trading Systems (LETS).
It's a very active and well-established 'organism'. Chapters exist on every continent and The Netherlands has oodles of LETS groups.
Each member has a credit/debit account going as s/he trades items and activities within their group.
It's OK if the points or 'favors' in a member's account go into the negative for awhile.
The group tries to regulate a balance and keep the trading activity going.
Technorati tag: urban camping
It's a very active and well-established 'organism'. Chapters exist on every continent and The Netherlands has oodles of LETS groups.
Each member has a credit/debit account going as s/he trades items and activities within their group.
It's OK if the points or 'favors' in a member's account go into the negative for awhile.
The group tries to regulate a balance and keep the trading activity going.
Technorati tag: urban camping
posted by Jennifer Metz at Saturday, March 04, 2006
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