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Message Subject Get rid of the money system, then get rid of goverrments
Poster Handle Thomas Greco
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I recently posted Richard Logie’s TEDx talk about Complementary Exchange Systems. Richard has operated a successful commercial trade exchange for almost twenty years, so he knows what works and what doesn’t. Exchange organizers at the grassroots can learn a great deal from Richard and others in the commercial trade exchange business so I strongly urge them to watch this.

Please pay particular attention to the method Richard uses to determine the credit lines to be provided to members' accounts, as well as the list of advantages that membership in a credit clearing exchange provides and the elements that need to be standardized in order for exchanges to be effectively networked together.

These are the issues that need to be adequately handled in order for moneyless exchange based on mutual credit clearing to become robust and to achieve significant scale.

Richard Logie on TED:
[link to beyondmoney.net]
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