Form of payment, a credit or barter system.

[Sapiens]

Interesting site, asks if you know the difference between a credit or barter system of payment. If you don't know, answer this question: Are you a slave?

http://www.worldslaves.citymax.com/page/page/195600.htm

[Rajiv]

Feasta is working on The Liquidity Network (http://www.feasta.org/documents/liquidity_network/2009_liquidity_network.html)


Feasta is making a determined effort to set up a system that allows participants to exchange goods and services with each other without anyone going into debt. Although our system will operate in parallel with the existing money system, it will not be a money system
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The new system is urgently needed because the current debt-based money creation system is failing and, in any case, is unsuited to a world in which the total value of trade being done in a year is more likely to contract than expand.
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The new exchange system will be owned and controlled by the participants as it is they who give its units their value.
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