Workshop / Presentation on Lets and Timebanks

national | miscellaneous | event notice Wednesday August 22, 2012 19:55 by Occupy Dame Street

Occupy Dame Street and the Dublin Multicultural Fair and Market would like to invite you to our workshop on Lets and Time banks

We will have a presentation by Bev Cotton from the Clonakilty Favours Exchange Bev will explain how the Timebank works and how to go about setting one up.

Time: 4pm Sunday 2nd September
Location: Dublin Multicultural Fair and Market Prussia St, D7

What is LETS

A Local Exchange Trading Scheme (LETS) is a community-based system where goods and services are exchanged, not as one-to-one barter, but using a pooled system of credits and debits.

To support this local currency is used which can only be spent within the group. A record of the transactions is kept by the group and the balances are published to members together with a listing of what is offered and what is wanted by the members.

There are now several LETS schemes in Ireland, over 400 in the UK and thousands worldwide. A Timebank is a somewhat similar arrangement except that a Timebank is restricted to services.

Some videos explaining LETS worldwide

Argentina http://www.youtube.com/watch?v=6cS7XpYo6AA&feature=play...edded

Greece http://www.shareable.net/blog/volos-greece-taps-alterna...-city