The Truth About The Monetary System: Why We Also Trade in LETS Currency

An important cause we concern ourselves with here at Eco Party Box is the crisis of the current federal monetary system.

If you have watched one of the internet’s most popular documentary’s: Zeitgeist Addendum, and the 20-minute section on money and then researched the information for yourself, you will know that since 1913 the Congress of America has been stripped of its rights to create the nation’s money, essentially taking that power of money creation away from the people. 

The then newly-elected president American president Woodrow Wilson transferred this power in to the hands of the international private bankers who had bankrolled his campaign to have him elected. 

Wilson was later quoted as saying: “I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.” 

The tragedy is this system still exists today and Government’s of developed nations all around the world have a privately owned Reserve Banks creating their money and perpetuating a system of debt. 

This is all largely unbeknownst to the masses who remain hypnotized by modern media, busy paying off bills and mortgages and conditioned to their own habits of consumerism. But the clues are around us and if you do your homework on many popular pieces of entertainment you will find them telling us the truth about the world we have inherited and perpetuate. 

One such piece of metaphor is the seemingly innocent Wizard of Oz . The book and the movie serve as a political allegory for the events which have seen America and other developed nations controlled by the power these International bankers wield through the ability to create money. 

It in fact dishes up some marvelous clues – follow the gold/money trail (just like the Yellow Brick Road) and you will find the answers as to why we live in a world more devoted today to commerce than the natural world (just like the two worlds of Oz and Kansas). 

But don’t take our word for it. Research it yourself and you will find that federal money today - in its evolution – has created all social and economic division, poverty, a hyper competitive society and is designed to keep the working population on the treadmill. This has been done through its not widely-known mechanisms of fractional reserve banking, as well as usury (better known as interest) and the hidden tax we call inflation – which is why prices on things always rise.  

So what is the solution? 

One solution is LETS. At Eco Party Box we are fortunate enough to live in an area which has been operating a Local Exchange Trading Scheme (LETS) for 20 years. LETS South is one of 85 Australian and at least 421 LETS groups world-wide which are run not-for-profit and to strengthen the community. 

LETS is a virtual currency and in many places around the world serves as THE currency for towns who have given federal money the flick. 

LETS has been known to: 
  • create stronger, more resilient communities which can ride out tough economic times; 
  • keeps money circulating in their own community; 
  • provide a fairer, more transparent system; 
  • give people more self-esteem as they use skills which they sometimes never knew they had. 

We believe LETS will be the source of all major economic change in the world within the next 25 years. 


Because it is a valid, fair and transparent alternative to the current money system and it preserves local economies instead of the far reaching and detrimental effects globalization has on small communities. 

It also operates on a world-wide scale with trade possible between any LETS group in the world via the Community Exchange System: If you are a LETS member anywhere in the world we are happy to sell our goods to you in LETS dollars. 

Contact us at 

For more information on the banking system watch Zeitgeist Addendum: Money, Money as Debt or for a more in depth look watch the Money Masters – a 5-hour documentary following the history of money. 

They can be viewed at 

We also have more info at

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