L.E.T.S. (Local Exchange Trading Systems)

L.E.T.S. (Local Exchange Trading Systems) are community-based networks where members trade goods and services using a local currency or credit system, rather than traditional money. Participants earn credits by offering services or goods and spend credits when they need something from others in the system. This fosters mutual support, strengthens local economies, and reduces reliance on cash. L.E.T.S. encourage collaboration and resource sharing within communities, making it easier for people to access goods, services, or skills they might not afford or find easily through conventional markets.