NOTE: These testimonials about the
LETSystem from 1985 are as relevant now as they were when written.
the world must demand to know why governments at every level, municipal, provincial
and federal continue to peddle creative fraud by borrowing fiat from
fractional-reserve, private counterfeit producers at usurious rates of interest
(usury) rather than creating usuryfree currency backed by “units of labour.”
LETSystem is a creative medium of exchange that permits participating members
to trade with an alternative currency that is “usuryfree.” SDI (Self Directed
Income) entrepreneurs have an advantage over wage earners in this new,
usuryfree, economic, exchange system for they have access to products or they
provide services or use their talents in a creative way and therefore, they
have something to offer to others. Wage earners are urged to quickly establish
a part-time enterprise so that they too can reap maximum benefits with a
Testimonials from 1985:
1. “I am a
single mother with three pre-schoolers. My monthly income is from social
assistance. The LETSystem has made my existence quite a bit easier. I can fit
my skills and time of working around my busy schedule. A lot of the
traditionally “male” jobs I need done about my house (car maintenance, wood
gathering, carpentry) I am able to get for greendollars. Or I could learn
myself, as lessons in all of those are available as well.
this system our Christmas would have been very bleak. The children were given
handcrafted toys and other family was given pottery and jewelry and candles.
All of mine and my children’s clothing now comes through LETS. We get some of
our food through LETS.
I feel that
I am valued in the community for the work that I provide, I like the exposure
of my small children to this alternative monetary system. They now check out if
goods are available for greendollars or federal dollars. I have met new people
through the LETSystem and feel that our sense of community in the Comox Valley
has greatly increased. I also have found that people have skills that they
haven’t used or thought about in years, and it is all being drawn out and
interest re-kindled. People have started to value themselves differently and
come alive.” - Joy Dryburgh
2. “LETS is a
very welcome addition to the economy of the Comox Valley and region. It
reflects people’s ability to meet each other’s needs regardless of the current
state of the economy, Its value lies in its separation from the monetary
system. We, as a family, have found employment and “purchased” goods and
services of a wide variety. Employment being readily available when there was
none locally and we were able to make “purchases” that would have not been
possible for a cash outlay. The LETSystem is a very positive addition to the
area and its further expansion opens up unlimited possibilities.” – Barbara
Hopkinsonm B.A., M.A. Town & Reg, Planning, Univ, of Sheffield, England
LETSystem has been a great help to me, enabling me to purchase things I would
not otherwise rent to have been able to afford. I have used the system for
everything from paying rent to furnishing a house. I have not had a lot of
employment in the past year, so LETS has really helped to subsidize my income.
I have used it to purchase food also for my winter’s supply of firewood.
I have no
trouble making greendollars in the system. I am a carpenter by trade and find
that people who couldn’t otherwise afford to have work done are glad to employ
me for greendollars. One employer who couldn’t afford to pahy me my usual
hourly rate was able to pay me part greendollars and part federal dollars.
I think the
system is great and would really encourage people to participate.” – Charles Turner,
an active LETS member
4. “Living on
a tight budget I’ve always felt I had to do everything by myself or it would
have to go undone. I was especially pressed every spring when our fishermen’s
spouses went off for the summer season leaving a large yard, garden, house, and
2 young pre-schoolers in my charge. Last spring should have been the worst ever
– a new excavation leaving the backyard a riot of disturbed rocks and clay. By
joining LETS I was able to hire one person to dig the garden and two persons to
landscape the backyard – what fun it was for me to work with others. I solved a
problem, met and interacted with new people and felt a new sense of wholeness
and variety of work LETS’ members offer to do is inspirational. I’ve bought
down mittens, edible mushrooms, lamp shades made to order, firewood; had the
windows washed, children cared for, haircuts; been on a field trip identifying
local, edible plants and take T’ai Chi lessons to mention a few.
To hold up
my end of the account, I hosted a LETS garage sale, paid $25/month federal
towards office rent, cared for children and made frozen casseroles to order. My
husband traded some of his salmon catch.
active in a creatively interacting community has been a wonderful experience.
My image of self-worth has increased – trust and respect of others growing
accordingly. The biggest gift of all has been the relief of the realization
that even though the general economy is in a recession, my family is alive and
functioning with a flair. – Margaret Pattison
5. “I joined
the LETSystem in December 1983 and, for one month was totally inactive. I was
genuinely afraid of committing myself to spending greendollars without “having”
any first. And as a mother of two young children, I doubted my ability to
generate any. What could I do? I talked to may members of the LETSystem during
this time and gradually realized that myself and my family have all that is
required to operate successfully – we have “spare” time which we were wasting on
TV abd we have “spare” things which are going unused.
realized that, the trading began. We danced, received help through family
couselling (my husband’s teenage daughter came to live with us and we all are
making adjustments to each other). We ate perogies. At the same time I traded
off a lot of baby equipment (which is so dear to buy new, but difficult to
importantly, I began to do some writing for the LETSystem – in those quiet
moments during children’s naps or after supper. This restored in me the
realization that I am a capable and creative person, and that I do have the
ability to contribute to my community. This is beyond any dollar value.” –
NOTE: This article was originally
published in the May-June 1985 issue of the LEADS Newsletter.