As Dollars Lose Value, Communities Turn To Complementary Currencies
“In dozens of communities across the US, complementary currencies (CGs) have become powerful tools”…”to exchange goods and services independent of national currency.”
“Time hours, mutual credit systems, precious metals, and even seed or energy-backed coupons exist parallel to the national currency, so people are not limited by access to dollars.”
“Southern Oregon has a large elderly population and high unemployment; a CG can provide these populations with a means to plug into the local economy.”
The article explains how money works and how our federal money system causes economic crises. GCs can give “everyone an equal opportunity to generate new wealth in a new monetarysystem.” Here are three emerging exchange projects:
www.OurNexChange.com The Market Bucks program from www.bluefoxorganics.com
and www.communityprosper.org
A full-length documentary at www.themoneyfix.org compares and contrasts community currencies with federal dollars.
See also http://www.financialpermaculture.org/2008/12/30/complementary-currency/
The full article by Crystal Arnold originally appeared in
http://www.sentienttimes.com/09/dec_jan_09/currency.html
Local Spending Keeps Money And Jobs Close To Home
Joseph Zarr blogs to promote local sustainability:
“If lower-income families spend a large percentage of their income on food, then why can’t locally-sourced foods create local jobs and allow individuals to convert their dreams of escaping poverty into reality-based solutions. SPA data demonstrates that 60-80% of new jobs are actually coming from small businesses (not to mention 13 to 14 times the patents!).
There is a glaring reason for low-income potential: not enough locally-owned businesses and enough locally-provided job opportunities to create spending capital. Local food is a big part of the solution to provide locally circulating capital, locally sourced healthy food, and, potentially, a locally-produced success story.
http://monstersioc.blogspot.com/2008/12/local-food-local-business-real.html

Update! — 2 peace-liberty organizations use logos with a similar theme — a natural? See their sources in the link above.

