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What are Deseret Units?
Deseret Units are a local currency for use in the Deseret Region. Units can be used to purchase goods and services with any person or business who accepts them. Deseret Units are used just the same way cash is. However Units remain in the local economy instead of being spent at places that will send them outside the region. A business who accepts Deseret Units can have a competitive edge over other businesses, and also over huge national store chains.
Deseret Units are backed by silver. This means that for every Unit a certain amount of silver is stored. Units represent this silver and can be exchanged back into silver.
People who use Deseret Units play an active role in promoting and sustaining the local economy of the Deseret Region. By using Deseret Units people strengthen local businesses, create more jobs, and sustain our economy despite the increasingly unstable national and global economy.
As the national economy continues to fall apart, Deseret Units are a safe-guard to protect our homes, families, and jobs.
There are ten denominations of Deseret Units. Some are used more than others.
| Denomination | Card(Front/Back) | Value |
| 100 Units |  |
$2,000 |
| 10 Units |  |
$200 |
| 1 Unit |  |
$20 |
| 500 Milliunits |  |
$10 |
| 250 Milliunits |  |
$5 |
| 100 Milliunits |  |
$2 |
| 50 Milliunits |  |
$1 |
| 25 Milliunits |  |
$0.50 |
| 10 Milliunits |  |
$0.20 |
| 5 Milliunits |  |
$0.10 |
The symbol for the Deseret Unit is:
But the letter "O" may be used when the standard symbol cannot be typed.
The symbol for Milliunits is:
It can be typed with as "mO".
Support Local Economy
All people benefit from having a strong local economy. When the economy is strong there are more jobs, and a higher standard of living. Deseret Units help the local economy by providing a form of currency that only has value in the local area. This means that the money cannot be sent out of the area and used outside our region. The longer money is used, and circulated within a region the more the region benefits. Stores run by local people can benefit from having an exclusive customer base that spends Deseret Units. Likewise, consumers benefit by having places to spend their Deseret Units.
A real danger today is the decreasing value of the dollar. The Federal Reserve is pumping trillions of dollars into the economy and countries are trying hard to get rid of their dollars. The result of this will be massive inflation and devaluation of the dollar. By using Deseret Units businesses and consumers have a stable platform upon which to ride out these impending financial storms.
Deseret Units are a great investment for your personal and/or business future.
Competitive Edge
Deseret Units can give your business a competitive edge against other businesses and large national chain stores. Deseret Units are a flexible tool that you can use to bring in customers.
Deseret Units work similar to a coupon. A customer can pay for all or some of their purchase with Deseret Units(you can determine what works best for your business). But unlike a coupon which is discarded, a Deseret unit can then be spent, by you, at any other store that accepts Units.
There are many people with Deseret units in their pockets and they need places to spend them. When your business accepts Unit you suddenly have access to this "captive audience." Deseret Units are not accepted by large national stores. So when a person buys or receives a Unit they can only spend it at a business that accepts them. And when your business accepts them, these consumers will be able to spend their Units at your business!
Click here to learn more about how to get Deseret Units to work for you and give your business that extra boost.
Make Ends Meet
Deseret Units are not only helpful for businesses but they are also helpful for average people. Chances are you've experienced trouble meeting your financial needs. These days there just doesn't seem to be enough money to go around. Deseret Units are a convenient way to increase your ability to pay for the necessities and even buy that little something extra.
FAQ
1. How do Deseret Units get put in circulation?
2. What do I have to do to accept Units?
3. How do I know what businesses accept Units?/How will people know my business accepts Units?
4. How do Deseret Units get their value?
5. Can I change my Deseret Units back to US dollars?
1. How do Deseret Units get put in circulation?
Deseret Units are put into circulation when individuals or businesses purchase them. This method prevents the inflation of Units by printing too many. Each Unit is backed by an equivalent amount of currency. Some Deseret Units can be earned. In such cases each unit is based on the work done in order to earn that Unit; this also prevents inflation.
2. What do I have to do to accept Units?
You don't have to join up with any group or organization to accept Deseret Units. You can just start accepting them in your daily transactions. By signing up with the Deseret Currency Association you get certain benefits. Your business will receive free advertising and access to other special tools to help your business use Units.
Individuals who want to use Units can receive occasional discounts when buying them.
3. How do I know what businesses accept Units?/How will people know my business accepts Units?
Businesses that accept Deseret Units should have a sign in their window informing customers that they accept Deseret Units. They may also have Deseret currency promotional materials in their store. Another way to find out if a business accepts Deseret Units is to check our Deseret Units Directory.
Don't see your favorite business listed in our directory? Send us the name and address of a business you would like to see use Deseret Units and we will send them information telling them about the benefits Deseret Units can bring to their business.
4. How do Deseret Units get their value??
Deseret Units are backed by silver. Each Unit denomination represents a certain value of silver. Units operate by the acceptance of people who use them. The value of a Deseret Unit is pegged to $20 USD. When a person buys a Deseret units that money is used to buy silver. This silver is then kept as backing for Deseret Units.
5. Can I change my Deseret Units back to US dollars?
Deseret Units can be exchanged for dollars or silver at the original purchase price. This means that, since 1 Unit can be bought for $19, 1 Unit can be exchanged back to $19.
Information
Get an account and start trading with units. Find out the many ways you can use Deseret Units!
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