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22 March 2007 18:45

Chp 10, Current Examples of Local Currency and Cashless Exchange, "New Money for Healthy Communities"

by 4 others
But something other than official money may be offered as an intermediary. This can be a personal IOU which must be "made good" at some later time. More commonly, the intermediary will be a generalized IOU which a group of associated traders have agreed

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