Timebanks on The Future of Money Podcast
On the Future of Money Podcast, Heather Schlegel interviews Autumn Rooney, the founder of the Echo Park Time Bank. While I've heard of time swapping, time banks themselves are a new concept. In 42 minutes, they cover several interesting points on the topic, including:
- @3:50 - How is the future changing? Ms. Rooney points out today's unsustainable methods and how they are bringing about tomorrow's changes.
- @4:55 - An explanation of time banks and how time values are traded.
- @15:20 - How do new users experience this service?
- @23:20 - How time banks can mesh with the cash economy.
The remaining time is focused on details and how the system works, including the types of services people offer - which don't always reflect their profession or even primary area of expertise. It's an interesting topic, especially for futurists interested in how inequality might create an insecure future. Tracking time credits in order to get the specialized services you require could become a major part of the economy as a cashless and taxless form of trade.
The first 15 minutes gives you a pretty good introduction to the concept. Worth a listen on your commute home.

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