February 2009

The Future of Money

River Cities' Reader - Jeff Ignatius - Reader issue #719 In the Chambersburg, Pennsylvania, area, you can walk around with coins in your pocket that can be exchanged for goods and services at more than five dozen merchants. They say "Liberty" and "Trust in God" on the front, and on the back they claim a value of $20 or $50. They're made of silver, and they are neither produced nor endorsed by the federal government.

In Fairfield, Iowa, those same coins are accepted at more than 15 merchants, from Mexican restaurants to Radio Shack.

Why We Need the Stroud Pound

Ruscombe Green Blog - Phillip Booth - Christian Gelleri, Manager of the Chiemgau Currency was in town last month talking about 'A Local Currency for Stroud?' The Chiemgauer is one of Germany's most successful local currencies. It began as a school project and was formally launched in the small Bavarian town of Chiemgau in 2003. There are over 600 participating businesses and 2,600 members who keep nearly 300,000 Chiemgauers in circulation.

Local Food for Thought

Ann Arbor Chronicle - Mary Morgan - The day’s final speaker was Chris Bedford, president of the Center for Economic Security. He told the group that our country is in a crisis of over-consumption, of spirit and of trust. It’s imperative that we “re-localize” our economy, he said, especially in the areas of food, finance and energy. It’s all about economic renewal and community resilience – if we’re to survive, he said, we need to “trust each other, know each other, work with each other and love each other in our communities.”