RE: intl. LETS exchange
Very recently I encountered another problem with this: between us here in Austria
and a LETS body in Switzerland there is quite a difference in the amount of units
(Talents) that are asked for a similar time-unit of a similar service. Around here
most LETS bodies do not have time-currency, but are still being linked to the local
money value of the respective service. And of course, Switzerland is a high income
country compared with Austria...
c/o Institut fur Freiraumgestaltung und Landschaftspflege
Peter Jordan-Strasse 82
Tel: ++43 1 47654 7231
Fax: ++43 1 47654 7229
Thankyou geoge for you input - so true, I think our LETS Illawarra is one
of the cheapest in terms of labour units (warras) and yet most Australian
LETs have a minimal wage - part of our culture anyway.
But for goods - this dollar translates the same.
It is possible that interLETS exchanges become more negotiable on the fee
Or in the same way so many tourists to our country enjoy a good exchange
in money market, this could be used for the LETS system.
Problem here is we become victim of government policies.
- lots for me to think about, thanks