26 May 2008 | No Comments
Categories: Banking
LETS stands for Local Exchange Trading System. It is a system that sets itself up on a local level to provide an alternative to cash. LETS does not need people to make actual swaps. Each… ---> Continue Reading

26 May 2008 | No Comments
Categories: Banking
The world has been moving quickly and ruthlessly towards a global community. Multinational corporations with familiar sounding names have moved into areas, made use of the local community as a labor force, exported the profits… ---> Continue Reading

25 May 2008 | No Comments
Categories: Banking
Bartering pre-dates cash, and is probably the oldest way of exchanging goods and services. Cash came a lot later when the goldsmiths offered depositors of gold in their vaults promissory notes to return the gold… ---> Continue Reading

24 May 2008 | No Comments
Categories: Banking
The Banks are cutting back on credit; prices are rising and many people are feeling the crunch. Why use a bank at all? The Credit Union movement has been in existence for many years and… ---> Continue Reading

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