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Mutual Credit System

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Administrator Information
Name Sergio Lub
E-mail Address
Position / Job Title Administrator
First Language English
Second Language Spanish
Organization Friendly Favors
Organization Type Community-Based Organization (Unregistered)
URL Address
Currency System Information
Status Operating
Year the System was Started 1998
Community San Francisco Bay Area, California, USA
City / Urban Area San Francisco Bay Area, California, USA
Country United States
Medium of Exchange Electronic Transaction
Unit of Value Units of National Currency Equivalent
Valuation Non-Contract Agreement to Accept Currency
Cost-Recovery Mechanism
  1. Liquidity Tax / Circulation Incentive / Demurrage
Source of Funding Internal Currency Charges
Purpose for Establishing System Social Integration
Size of Membership 4,000
Population of Area Served by System 4,000,000
Estimated Yearly Operating Budget Internal Currency: 1,000
Yearly Volume of Trade Internal Currency: 50,000
National Currency: 50,000 USD
Main Goods and Services Traded
  1. Discounts on goods and services
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