Economic Survival–A Time Bank for Such a Time as This

I’ve shared info here before about bartering and alternatives to cope in the present economy or after a collapse. But it’s time for a refresher.

Below is a video about time banks. In particular, it features the Onion River Exchange Time Bank in Vermont.

In a time bank, no money is exchanged. Members of a community support each other with the exchange of favors and services. but it’s not quite barter. It provides a way to keep goods and services flowing while building relationships beyond the usual business transactions.

Watch the video to get a better understanding of how a time bank works.

 

 

For a glance at economic survival on the local level after a collapse, get Vance Lindstrom’s book Rebuilding A Village. It includes chapters on alternative currencies as well as rebuilding the marketplace and banking system.

Check out Brandon Smith’s site on community and market alternatives at http://www.alt-market.com/

Have you participated in a time bank arrangement or other such alternatives? If you haven’t, would you? Why or why not? Leave a comment and share your experience with others.

 

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