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Description
Fourth Corner Exchange is a Sustainable Community Currency based in the Pacific Northwest USA, which operates throughout the USA and the world. Currently we have over five-hundred participating members, with branches in Washington, Oregon, Colorado, New Mexico, Ohio and California. We will soon be opening our first branch in British Columbia, Canada. Founded by Francis Ayley and a small group of friends in 2002, Fourth Corner Exchange formally started trading in January 2004. From those small beginnings we have grown to over five-hundred members, exchanging a large selection of goods & services throughout the Pacific Northwest, centered around Bellingham and Port Townsend. Our unit of currency is the 'Time Dollar', which we use in a somewhat different manner to Ithaca Hours and Time Banks. Our Time Dollars have many advantages over other local, complimentary and alternative currencies, and significant advantages over bank issued money. Our primary mission is to rebuild our communities through the use of an community currency. This currency is administered by the Fourth Corner Exchange management group. Here is our mission statement. At Fourth Corner Exchange, we are social entrepreneurs who recognize that our traditional money system creates serious social problems, which devastate our local economies by removing money from local communities and transferring it to large corporations and financial centers, leaving the people without a medium of exchange at a local community...