Healthy Money Healthy Planet - library.uniteddiversity.coop

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credit with the imposition of taxes. Trade barter companies also demand
collateral when they grant large loans (see page 000).
5. Borrowing without collateral.
An example of this is the bia Kud Chum scheme in Thailand, where a
community bank lent new money to families (see page 000).
6. Loyalty currencies.
These include Fly Buys points issued by supermarkets and other companies,
Westpac Visa Hotpoints and AA Reward points (see pages 000–000). Members
who have accumulated points with these schemes are then awarded discounts
on goods and services at participating outlets.
7. Vouchers issued by firms.
These include vouchers printed in newspapers that you cut out and redeem at a
supermarket. They are only as good as the promise of the firm that issues them.
8. Credit money.
This form of money works on the same basis as that used in the game of
Monopoly, where players are given a set sum of money at the start and
additionally each time they pass Go. The Argentine crédito clubs also used this
central distribution system for the first few years of their operation (see page
000).
9. Bought vouchers.
These include schemes where a group of retailers promises to redeem a
common voucher, as in the Save Australia Buyers Club (see page 000).
10. Spent into existence by governments.
These are essentially anticipated tax warrants, or vouchers issued in
anticipation that someone will eventually use them to pay taxes (see page 000).