Word: exchangee
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Most of us take for granted that those rectangular green slips of paper we keep in our wallets are inviolable: the physical embodiment of value. But alternative forms of money have a long history and appear to be growing in popularity. It's not merely barter or primitive means of...
Alternative (or "complementary") currencies range from quaint to robust, simple to high tech. There are Greens from the Lettuce Patch Bank at the Dancing Rabbit Ecovillage in rural northeastern Missouri. In western Massachusetts one finds fine-artist-designed BerkShares, which are convertible to U.S. dollars. More than $2 million in...
Alternative currency comes in many forms. In addition to time-banking, there are Local Exchange Trading Systems (LETS), systems of mutual credit that vary by location. This model was developed by Michael Linton in Canada, though it seems to have taken off mostly in the British Isles; an estimated 40...
Similarly, the CES is an online money and banking system and trading marketplace that tracks credits and debits. While LETS function as clubs that set their own guidelines, CES is administered through an online program that connects local groups to create a global network. The CES website points to more...
Blagojevich, Rod •awareness of that a list of things that constituted an acceptable exchange for a Senate seat "can't be in writing" •brazenness of is repeatedly noted, possibly because of quotes like, "If anybody wants to tape my conversations, go right ahead, feel free to do it...