The Simple Off-Grid Alternative To The US Dollar
by: Rebecca McCarty
OffTheGridNews.com
9/19/2015
Most of us know that the current global economic system is largely built upon risky endeavors and an endless cycle of debt. As a result, it seems one financial crisis after another is leaving families and local communities paying the price.
What our global monetary system comes down to is what we have chosen to support and believe in. That is what keeps it going: psychology. The US dollar doesn’t really have sufficient gold backing it up anymore. And a worldview of fear, intimidation, scarcity and greed seem to keep breathing life into an economic system that cares nothing about people.
But what if we started to think differently about money? What if we decided that US dollars (or credit cards) didn’t have to be the only form of exchange? For isn’t that what money by its very definition is? Money is basically a form of exchange. It’s truly heartbreaking that so many lives have been destroyed by greed over it.
An Alternative Worth Considering
Along with other forms of alternative local currencies, time banking (or dollar-hours) is a way of exchanging something of value without using the US dollar. One of the best things about this form of exchange is that there are no taxes imposed because no real money changes hands.
The idea behind time banking is that you earn a time unit (such as a dollar-hour) for each hour that you have spent doing some sort of ser
vice for someone else, such as gardening or helping to paint a garage. Each dollar-hour earned can then be used to purchase an hour’s worth of service from someone else.
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