Introducing the Asheville Local Exchange Trading System

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I just came across the Asheville Local Exchange Trading System, which sounds interesting. Times are tough, right? Here’s the explanation:

The Asheville Local Exchange Trading System (LETS) was started in response to regional underemployment and recent increases in the cost of living. This network seeks to restore local economic control through the community exchange of services, resources and advice.

Unlike direct trade (where both parties must want what the other offers and exchange in roughly equal amounts), LETS members exchange services for credits (called, simply, “LETS”) which can then be swapped for the services of any other member in the network. Members are able to earn LETS in ways they could never earn dollars and they can get what they need without spending hard-earned cash.

Any long-term resident can join and start trading right away. Internet access is not required to participate! See our online calendar for an exciting list of upcoming events!

You must attend an orientation to join.

Next Orientation
6pm Tuesday, August 5th
Firestorm Cafe & Books
48 Commerce St, Asheville