Definitions
Exchange Currency: described by Silvio Gesell in 1916, in his work entitled: The Natural Economic Order. This currency cannot be accumulated since it oxidizes, in other words its value decreases by 1% per month, this characteristic stimulates its circulation by activating the economy.
Mutual Credit: it is a type of Exchange Currency, in which all debt is converted into income for other members of the network. The sum total of all balances is zero.