This choice reduces the risk of inflation within LETSystems. LETS is a system that provides a means through which people can trade without competing for conventional money. They can continue to trade as long as their 'word' is good. This enables a local community to keep trading even when there is hardly any conventional money available. No interest can be accumulated, but on the other hand no loan payments are to be met.
Banks are the inevitable consequence of a limited issue money that becomes a commodity.
Unlike using conventional credit, LETS users go into debit without penalties of interest payments being imposed. Being in debit is not being in 'debt', rather it is a 'commitment' to return value to the community. Being in debit is being in 'commitment'. Therefore, there is no need to earn before you can spend. The local money supply fluctuates according to need.