(noun, etymology Dutch from ‘boedel’: estate, possession, inheritance, stock.). 1. Crowd, pack, lot, as in ‘the whole boodle.’ 2. a. Counterfeit money b. Money acquired or spent illegally or improperly, particularly when used in bribery for political purposes. 3. Slang for money in general.

The money issued by the Federal Reserve is not the only legal tender in the United States. Currencies that buck the system, if you will, have been around for a long time. These currencies are either “hard” in that they are actual bills or coins invented for local use, or “soft” in that they are based on exchanges of time, or even “virtual” in that they are trades of services entered into a central computer. They offer individuals and communities a way to revitalize their economic lives and be less dependent on the whims of the global economy. Numerous examples include:

New York: Ithaca Hours
Massachusetts: BerkShares
Missouri: the Lettuce Patch from a collective farm called the Dancing Rabbit Ecovillage
The Pacific Northwest: Cascadia Hours
North Carolina: PLENTY

For a comprehensive list by state, visit the EF Shumacher Society’s site. The site is also a great resource for information on ecological initiatives like Land Trusts and micro-lending.

If you don’t find an alternative currency in your local area, you might consider starting one. Canada’s Michael Linton provides guidance for creating a Local Exchange Trading System, or LETS.

Explore options for joining a community that uses alternative international currency managed on the web at CES.

New approaches to money are everywhere

Understanding Money Connections • Building Mutual Trust • Creating Economic Substance

© Boodle. All rights reserved.

The views and opinions expressed on this website and blog are those of the author, and may not actually come to pass. This information is subject to change at any time, based on market and other conditions and should not be construed as a recommendation of any specific security or investment plan. The representative and author does not guarantee the accuracy and completeness, nor assume liability for loss that may result from the reliance by any person upon such information or opinions. Past performance does not guarantee future results.