翻訳と辞書
Words near each other
・ Mutya ng Pilipinas 2001
・ Mutya ng Pilipinas 2002
・ Mutya ng Pilipinas 2003
・ Mutya ng Pilipinas 2004
・ Mutya ng Pilipinas 2005
・ Mutual Blackbird
・ Mutual Broadcasting System
・ Mutual Building
・ Mutual capacitance
・ Mutual coherence
・ Mutual coherence (linear algebra)
・ Mutual coherence (physics)
・ Mutual combat
・ Mutual Construction Co v Komati Dam Joint Venture
・ Mutual Core
Mutual credit
・ Mutual Defense Assistance Act
・ Mutual Defense Treaty (United States – Philippines)
・ Mutual Defense Treaty Between the United States and the Republic of Korea
・ Mutual engagement
・ Mutual exchange
・ Mutual exclusion
・ Mutual exclusivity
・ Mutual exclusivity (psychology)
・ Mutual Feeling
・ Mutual Film
・ Mutual Film Company
・ Mutual Film Corp. v. Industrial Commission of Ohio
・ Mutual Friends
・ Mutual Friends (album)


Dictionary Lists
翻訳と辞書 辞書検索 [ 開発暫定版 ]
スポンサード リンク

Mutual credit : ウィキペディア英語版
Mutual credit

Mutual credit is a type of alternative currency in which the currency used in a transaction can be created at the time of the transaction. Local exchange trading systems (LETS) are mutual credit systems. Typically this involves keeping track of each individual's credit or debit balance. Although the effect is like a loan, no interest is charged, and since mutual credit allows for trading and cancelling balances with others, debts can be paid off indirectly. The "IOU" is a common example of this.
==Advantages and disadvantages==
One economic advantage of mutual credit is that the currency supply is self-regulating—the money supply expands and contracts as needed, without any managing authority. The availability of interest-free loans is a great advantage to members of the system.
One downside of mutual credit, as with any form of credit, especially if it is run with unsecured debt, is the possibility of people exploiting the system by running up a large negative balance and not repaying it. This problem can be addressed by caps on negative balance that can be raised as balances are paid off. The problem can also be addressed by a using a well-worded membership agreement with clauses that specify members remain fully liable for all negative balances and reasonable time limits for calling in stagnant negative balances. Another solution is limiting the system to a small, close-knit community based on trust, where the community holds people accountable. Perhaps for this reason, most mutual credit systems are small, under 2000 members. .

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
ウィキペディアで「Mutual credit」の詳細全文を読む



スポンサード リンク
翻訳と辞書 : 翻訳のためのインターネットリソース

Copyright(C) kotoba.ne.jp 1997-2016. All Rights Reserved.