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What is Victoria LETS?

LETS provides an alternative economy, so everyone can value the goods and services you have to offer. Likewise you are able to value and pay for the goods and services you receive with something other than Canadian dollars. There always seems to be a shortage of Canadian dollars, but there are always enough Green dollars and they always stay in the community. Earning and spending Green dollars is also a way of building community relationships and strengthening community resources. LETS works without interest or inflation. LETS eliminates the value of hoarding, stimulates active exchange, and provides equal access to resources for everyone.

http://www.lets.victoria.bc.ca/index.htm