The CRX model is a Local Exchange Trading System and is an advancement over the common model applied as a LETS system. The most common LETS model is a debt based exchange system, and thereby reproduces the private and debt based monetary process at a community level. The CRX reflects the current best proposal for the reforms analyzed as necessary to reform the current default of a privatized monetary system. It thereby complies with the principles that are crucial to the American Monetary Institute proposal for national monetary reform.

L.E.T.S. C.R.E.-ate a more Cooperative and Community Friendly Economics
Oct. 20th, 2009

Looking for the Lenders’ Little Helpers

By Michael Braga, Chris Davis & Matthew Doig
Staff Writers

Published: Sunday, July 19, 2009 at 1:00 a.m. 
Last Modified: Saturday, July 18, 2009 at 6:40 p.m. 

Fraudulent property flipping ran rampant during this decade's housing boom, with $10 billion in suspicious deals in Florida alone, a Herald-Tribune investigation has found.

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