TILE: Tentatively Integrated Local Economy
[ minimal TILE system ][ TILE with vouchers ][ TILE with vouchers + LETS* ]
Community Banking Partnership time-credit systems (non-taxable)
CU
Credit Unions
(savings & loans
co-operatives)		 time bank
  • person-to-person services
  • broker-matched/-vetted
  • each participant's time valued equally
CDFI
Community
Development
Finance
Institution		 DPTCS
Development Project
Time-Credit Systems
  • fiat time-based currency
  • backed by rewards (donated)
  • reward system for quasi-voluntary activity
advice &
planning
services		 SEG
Symmetrical
Exchange
Groups
  • arbitrarily created
  • autonomous: self-managed/-vetted
  • exchanges of similar services
  • reduces load on (brokered) time bank
leakage-reduction systems (taxable) unconditional exchanges
LEG

Local
Exchange
Group
  • exchange currency
  • accounts subject to leakage
  • mutual credit
  • backed by shares - prerequisite
  • primarily for trading between
    SMEs and sole traders
  • favours & random acts of kindness
  • direct exchanges
  • donations & gifts
  • unrecorded voluntary work
  • recycling & re-use
... the Keep It Simple System (KISS)