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This is an interesting article, originally appearing in Yankee Magazine (where I saw it):
http://www.energybulletin.net/storie...uck-berkshires
It's about local municipalities and counties in New England issuing and conducting business in a locally-issued currency. I'm astounded that it's legal, but apparently so.
The local currency is commodity or labor based.
One community backs it by agricultural produce, another, by hours of labor.
An interesting development, to say the least.
- Pete
http://www.energybulletin.net/storie...uck-berkshires
It's about local municipalities and counties in New England issuing and conducting business in a locally-issued currency. I'm astounded that it's legal, but apparently so.
The local currency is commodity or labor based.
One community backs it by agricultural produce, another, by hours of labor.An interesting development, to say the least.
- Pete