‘Time Store’ In The Netherlands Rejects Money As Currency
The 'time store' located in the Maastricht is based on the idea that people can barter directly for goods and services, cutting out the need for money.
Stroom den Haag and NAIM Bureau Europa, two creative organizations, have launched a pop-up ‘time store’ called time/bank in Maastricht, Netherlands that is open now until October 2, 2011. This unique concept uses time as currency and allows groups and individuals to pool and trade their time and skills (labour) for commodities. For instance, five hours of clerical work may be exchanged for five pounds of potatoes. This project is part of an exhibition on sustainable design called, ‘Re-Action! Sustainability through Social Innovation.’