3 great things about LETS

There are several advantages that enhance the quality of life for the members of Local Exchange Trading Systems (LETS). Sharing, trading and exchanging in LETS helps to create happy resilient local communities.

In this short TED talk, Ingrid Thys talks about how local exchange trading systems work and gives examples of trades. She emphasizes 3 benefits of being part of a LETS :

  1. You learn to ask for help. If you have a clear question, within the LETS, people love to help you.
  2. Trading is fun. You can work together, you are praised for what you do and you can reward others.Your circle of friends and relationships grows.
  3. You don't have to do anything unless you like it. If somebody asks for help, you have the time and it's something you like to do, you respond to the request. If it'ssomething you don't like to do or if you don't have time or you don't like the person, you simply let it pass.

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