I’ve been wanting to start a new local currency in Oakland for a while now. I just need to get around to a few businesses who will accept the money, and a local bank or CU who will print up the money.
USAToday today reports on the number of local currencies being created around the US. The WSJ or NYTimes also reported on this a month or two ago. Ithaca Hours in New York have been around over a decade. Towns in Thailand are doing it.
Read about the benefits above at USAToday. You’ll find them obvious. So what do we name ours? Vote!
I’ve kept sarcastic names out of the running.
Local money may seem like monopoly money to you, but will keep more money in our local economy, which can only be a good thing – depression or not. All money is just magic anyway. Please leave naming suggestions in the comments or in the above poll.