Community-Based Commitment Pooling

Description

Will Ruddick:

"if communities, businesses and groups across the US were to create formalized commitments denominated in USD and have them curated and placed in pools (that enable exchange) with relative value indices - there would be a diverse their portfolio of curated assets people can exchange (providing liquidity). This form of liquidity investment would be a way to do 2 things:

1. 1 Scaffolding (supporting from the bottom up) a failing USD (or other National Currencies used as units of account ). Consider a scenario where the local currency is fluctuating: by creating a commitment pool with assets denominated in both national currency, communities can retain purchasing power and ensure continued access to essential goods, thus scaffolding the national economy.

1. 2 Cultivating an economic commons and exchange system that is immune to USD (or other National Currency) scarcity or collapse.

Join the movement towards a more inclusive and resilient economic system by exploring and contributing to community-based commitment pools."

(https://willruddick.substack.com/p/from-scalar-to-vector-units-of-account?)