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Thursday, November 15, 2012
37 States Moving Toward Local Currencies
40 States Secede, 37 Moving Toward Local Currencies : ‘In The U.S. We Don’t Trust’
The states that have filed a petition to secede from the United States is growing every day since the election results were final.
The next step for these states will be a local currency. But local currency’s are nothing new. Below is a list of states and local communities within those states that already have a model in place for just such an event.
It may seem like Monopoly money to outsiders, but a growing number of communities across the U.S. are using homegrown local currencies to stimulate their economies and protect themselves from the nation’s broader economic woes.
Now, even state governments are exploring the option. Lawmakers in more than 10 states, including Virginia, Georgia, South Carolina, Idaho and Tennessee, have been circulating proposals to introduce alternative currencies — many of which would be issued in the form of gold or silver coins.
The economy is in trouble and people don’t trust the Federal Reserve and they don’t trust the government, so this is somewhere they can turn, and somewhere they can still do business if the banks close.
“Many people are short of cash because they are unemployed or under-employed … many are questioning what they have been told about the economy and the way the free market supposedly works.
Here is just 2 example of communities working toward local currency.
The links below will direct you to a local currency in your state.
Willy St. Coop Community Room.
1221 Williamson St.
Cultivating Community Resilience, a class offered by Madison Area Community Land Trust: ALTERNATIVES TO THE DOLLAR: MADISON HOURS ANDTHE DANE COUNTY TIMEBANK
Buy Local this holiday season!
Vendors will be selling: Food, jewelry, clothing, cards, crafts, local music, clothing and much much more.
Trade will happen with Madison Hours, TimeBank Hours, Dollars and direct barter.
Also, bring books, clothing, household items, sporting goods, and toys, and etc for the swap meet.
10 am – 2 pm
The High Noon
701 E. Washington Ave.
Madison, WI 53703
The BerkShares website lists over 370 businesses in Berkshire County that accept the currency.] In 30 months, 2.2 million BerkShares have been issued from 12 branch offices of five local banks.
The bills were designed by John Isaacs and are printed by Excelsior Printing on special paper with incorporated security features from Crane & Co.
BerkShares are pegged with an exchange rate to the US dollar, but Nick Kacher of the New Economics Institute has discussed the possibility of pegging its value to a basket of local goods in order to insulate the local economy against volatility in the US economy.
The BerkShares program seeks to foster collaboration among producers, retail businesses, non-profit organizations, service providers and consumers. It is an attempt to strengthen the local economy.
The program also seeks to increase public awareness of the importance of local economies and to foster optimism for the prospect of gaining local economic self-sufficiency.
The project seeks to assure that a high percentage of each dollar spent will remain circulating in the community . This increase in community capital creates a positive environment for new entrepreneurial ventures.
It is hoped that new businesses sprouting from the resulting local generation of wealth will replace imported goods with locally produced items, which are more environmentally sustainable in that they do not need to be shipped over vast distances by the use of fossil fuels." (snip) ...
NOTE: This article is originally published at this website: