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Backing Common Good Credits

To ensure that Common Good Credits maintain their value, you (and every other member) agree to accept however many you typically spend and/or receive in a month, even if your Common Good Community is unable to redeem them immediately for US Dollars.

Like the Federal Reserve's backing for US Dollars held as bank deposits, backing for Common Good Credits helps prevent unfounded fears from causing a "run on the bank". All members agree to back Common Good Credits so your Common Good Community can continue to run smoothly.