Interest-free community trading systems build trust and goodwill. They offer ways to redistribute items to where there is need by people offering what they have. Communities are empowered when networks of people work together to meet common needs locally.
Visitors to our markets may have noticed some of our members promoting Timebanking - another type of community trading system complementary to green dollars.
In Green Dollars, our unit of measure is a WAI$ green dollar which is equivalent to a NZ dollar. This means we work on a rough mainstream market value.
In timebanking, the only unit of measurement is hours. Members offer time sharing skills in anything they choose from tutoring to gardening to crafts, childcare or companionship. The trades are based on time hours and every member's time is valued equally - from an accountant to a gardener. One hour equals one hour.
Timebanking is a way of sharing and growing skills and knowledge in the community, and a way for people to connect and ask for help, without the exchange of money.
As times are getting tougher for more people and others are becoming disillusioned by systems that seem unfair, we can choose to grow other alternatives that help to strengthen local systems and community networks.
We wish all our members and the wider Wairarapa community a happy and safe holiday season.