« Back
Here are some of the advantages of the using the Community Exchange System
- It provides another stream of income
- It bridges the 'money gap' between the skills/offers/talents/gifts of sellers
on the one hand and the wants/needs/requirements of buyers on the other.
Conventional money usually can't bridge this gap because its supply is
limited or non-existent.
- It builds community
- CES 'money' is abundant and can never be in short supply
- CES 'money' can never be in oversupply and cause inflation
- It is democratic: it returns 'money power' to the people
- It allocates credit democratically
- It eliminates usury. Its money is 'free' (i.e. interest free)
- It keeps wealth where it is created
- It eliminates cheating, theft and fraud (of money)
- It provides a support network
- It eliminates the problem of sellers not being paid for what they supply
- It reconciles the accounts of buyers and sellers immediately
- It promotes honesty because one can never 'run out of money'
- It levels the playing field: everyone starts from zero and those who
deliver real value to others are the ones who
get 'rich', not those who deliver nothing
but acquire their wealth by manipulating the
currency
- It gives local suppliers preference
- It eliminates the waste of transporting goods from all over because its focus is local
- It destroys the notion that the source of money is a job: the source of money is the delivery of value from one entity (person, company etc.) to another
- It streamlines transactions and eliminates wasted effort (e.g. sending accounts, debt collecting)
- It mobilizes the real wealth of a community: The knowledge and skills of its people is the real wealth of a community
- It fosters self-reliance and self esteem
- It fosters social justice and equality
- And many, many more...
« Back