An alternative to currency-based transactions whereby two parties transact using a system of credits and debits to an account. A barter community is an example of a mutual credit system.
Related information about mutual credit:
- Mutual Credit Union
Vicksburg. Serving select employee groups and associations.
- Mutual credit - Wikipedia, the free encyclopedia
Mutual credit is a type of alternative currency in which the currency used in a transaction can be created at the time of the transaction. LETS are mutual credit ...
- Shareable: The New Mutual Credit
Nov 15, 2010 ... Mutual credit is not backed by any central authority, but by the willingness of its users to continue using it. Instead of the brute force of the law ...
- Community Accounting | drupal.org
Sep 7, 2009 ... An all-embracing and flexible package which includes a mutual credit ledger, super-configurable transaction forms and displays, including ...
- Mutual Credit Systems | Currency Solutions for a Wiser World
Mar 9, 2010 ... How can time-tested currency innovations such as mutual credit systems help businesses of all sizes deal with cash flow shortages and ...
- Mutual Credit, the Astonishingly Simple Truth about Money Creation ...
Jan 3, 2012 ... Mutual Credit is the way money is created in barters worldwide. Barters don't barter. They don't use national currencies to finance their trade ...
- Linking Mutual Credit Systems
Discussion of Traditional, complementary, local, alternative and community currency exchange systems in Asia, Africa, and Latin America.
- Snohomish Mutual Credit System > Local Currency > LETS
Snohomish Mutual Credit System is a not-for-profit community service, the only MCS or LETS system specifically for Snohomish, Everett, Mill Creek, Monroe, and ...