Tough Times Lead to Local Currencies
With local economies flailing, communities across the U.S. are trying to drum up more action on Main Street. “Buy Local” campaigns are one way to go. But many towns–from Ojai, Calif., to Greensboro, N.C.–are considering going a step further and printing money that can only be spent locally.
Local Currencies Make A Comeback in Recession
People nationwide may start hoarding their cash as recession fears grow. But in Riverwest—a progressive enclave of Milwaukee—residents have another answer to their money trouble: they’ll print their own.