LOCAL EXCHANGE TRADING SYSTEMS
A locally initiated and organized economic organization, which allows members to partake in exchanging goods and services, among others. It uses a locally created currency as denominations of units of value that can be bartered or traded in exchange for products and services. LETS members usually view the systems as cooperative and organized system, which maximize purchasing power while benefiting members and the community.
In Toronto Canada, it is called Local Employment and Trading System; while in New South Wales, Australia, it is known as Local Energy Transfer Systems.
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Asset-Based Approach
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Unrestricted Cash
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Master Swap Agreement
A basic and standardized swap contract made by International Swaps and Derivatives Association in the late 1980s. This agreement points out two par ...
Fed Speak
A term used to describe the tendency of former Fed Board Chairman Alan Greenspan to make wordy statements with little substance.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | Nationwide House Price Index | Mar | |
| 09:00 | KOF Economic Barometer | Mar | |
| 09:00 | CPI | Mar | |
| 10:30 | Net Lending to Individuals | Feb | |
| 10:30 | M4 Money Supply | Feb | |
| 10:30 | Mortgage Approvals | Feb | |
| 11:00 | Consumer Confidence | Mar | |
| 14:00 | CPI | Mar | |
| 14:00 | Harmonized CPI | Mar |
