Northeast Public Radio - Dave Lucas - Before the U.S. Dollar was created in 1791, a variety of state-issued paper currencies and foreign coins comprised the US money supply. Fast forward to the 21st Century, where many modern communities are turning to "local currencies" as both a way to deal with tough economic times and boost local business. Hudson Valley Bureau Chief Dave Lucas reports.
The Sacramento Star - Pamela Martineau - When a shop in Davis sells something, the merchant may just get bicycles and tomatoes for payment rather than Benjamin Franklins or George Washingtons.
Davis is one of a growing number of communities around the country that has adopted its own currency – a way to encourage residents to shop at local businesses, and to keep their money in town.
AlterNet.org - Gar Alperovitz - As our political system sputters, a wave of innovative thinking and bold experimentation is quietly sweeping away outmoded economic models. In 'New Economic Visions', a special five-part AlterNet series edited by Economics Editor Lynn Parramore in partnership with political economist Gar Alperovitz of the Democracy Collaborative, creative thinkers come together to explore the exciting ideas and projects that are shaping the philosophical and political vision of the movement that could take our economy back.
The Atlantic Monthly - Eric Garland - More consumers are walking away from fiat currencies to drive commerce -- and society -- with new ways of buying.
Smithsonian - Susan Spano - You’ve got to slow down when Route 7 leaves behind the wide-open valley of the Housatonic River to enter Great Barrington. The road becomes Railroad Street there, right of way to pedestrians stalled in the crosswalk trying to decide whether to have sushi or chimichangas for dinner. Others carry yoga mats, bags of farmers market produce, books, CDs, double espressos and all the other stuff it’s hard to find in surrounding Berkshire Mountain villages like Stockbridge and Lenox.
Channel One News
Shelby: When Berkshire Bike and Board owner Steffan Root tunes up bikes, he will accept several forms of payment — cash, credit cards…and BerkShares.
Steffan Root: By using BerkShares and accepting BerkShares, I’m keeping my dollars here in my community.”
Shelby: What are these BerkShares?
Steffan: A BerkShare is a dollar-backed currency that can be used to buy and sell goods that are produced by locally-owned and operated businesses.
Fox Buisness - B.J. Lawson, president of the Board for N.C.'s Pittsboro Plenty, and Susan Witt, founder of BerkShares, on how dozens of communities across the country are taking the economy into their own hands.
The Fesno Bee - Bethany Clough - Something unusual is happening in the mountain town of North Fork: People
are printing their own money.
Hoping to boost the Madera County community's economy and keep all of its
wealth from rolling downhill to Fresno, a group of residents has created a
local currency. Organizers also hope the project will encourage neighbors to
become more engaged with one another.