Common Good Credits are intended as the basis for a Common Good Economy, a democratic, community-centered economic system that puts people and planet first.
When I pay or accept payment in Common Good Credits, I am building the Common Good Economy.
When I pay attention, make suggestions for improvement, and participate in decisions with other Common Good members, I am building the Common Good Economy.
B. As a responsible participant in the Common Good Economy:
As long as I can spend my Common Good Credits easily or exchange them easily for US Dollars, I will accept them without limit as payment for my goods and services (or labor). I will exchange Common Good Credits for US Dollars only if I cannot spend them easily.
If needed, I will back Common Good Credits up to my average monthly use over the past six months.
Whenever I exchange Common Good Credits for US Dollars or vice versa, I will exchange them one for one, and I will price my goods and services (or labor) the same in Common Good Credits and in US Dollars.
I understand I may receive from the community a credit line that I can spend but cannot cash out. If I use my credit line and then stop participating (or the system closes down), I will bring my negative balance up to zero as soon as possible.
I promise to maintain a high level of honesty, integrity, and ethics in my dealings with other Common Good participants and with the community (including the Common Good system itself). When there is a dispute, I will follow the Dispute Resolution Process and will honor its outcome.
I agree to participate in managing the Common Good Economy to the best of my ability and as my life circumstances allow