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Planting seeds for local youth-driven enterprise

PLANTING SEEDS FOR LOCAL YOUTH-DRIVEN ENTERPRISE

Growing up in south county, you are more likely to meet up with your friends at an independent cinema and go for a locally made ice cream than you are to hang out at the mall. Your summer job is probably with a small nonprofit, local retail shop, farm or restaurant. You are fortunate enough to be surrounded by a strong culture of independent businesses and a robust network of community banks.

BerkShares exchange at Gt. Barrington Branch of Salisbury Bank

BERKSHARES EXCHANGE SERVICE BEGINS AT GREAT BARRINGTON BRANCH OF SALISBURY BANK AND TRUST COMPANY

BerkShares, Inc. is pleased to announce that, starting on April 1st, participants in the local economy can exchange their dollars for BerkShares at the Great Barrington branch of Salisbury Bank and Trust Company.  Salisbury Bank and Trust Company has been a long-time partner of BerkShares, Inc., and its Sheffield and South Egremont branches were among the first banks to start offering BerkShares exchange services in September of 2006.  

 

Ten Things You Don't Know About: The Almighty Dollar

Black Flag's former frontman Henry Rollins came to the Berkshires with the crew from the History Channel 2's show Ten Things You Don't Know About to learn about BerkShares.  He visited Tune Street, a locally owned record store in Great Barrington, to buy an album with local currency, and interviewed BerkShares Coordinator Alice Maggio at the library and offices of Schumacher Center for a New Economics.  The video will be available until October 19, 2014 on the History Channel's website, and after that on iTunes. 

The Rise of Alternative Currencies

OZY - The financial crisis has brought Spain to its knees. The economy is all anyone wants to talk about, cities are papered with “For Sale” signs and the staggering increase in unemployment — 26 percent overall and nearly twice that for young people — is pushing Spaniards to think financially outside the box.

 

Several schemes have been set up to try and minimize the effects of the crisis on people’s purchasing power. The most popular so far is Time Banks.

 

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