In theory..... local currencies could play a significant role in boosting local economies..... Especially in rural areas! http://en.wikipedia.org/wiki/Ithaca_Hours
Here is an excellent article on this option...... http://money.cnn.com/2012/01/17/pf/local_currency/index.htm?iid=F_Jump Local currencies: 'In the U.S. we don't trust' By Blake Ellis @CNNMoney January 27, 2012: 11:13 AM ET
The Worgl, Austria local money experiment set in motion a series of events that led to President FDR initiating The New Deal. http://www.whatcomwatch.org/php/WW_open.php?id=717
One possible variation on alternative currencies could involve a "micro-nation" that initiates treaties..... that have artistic value..... and the micro nation currency note could serve as a prop in a series of proposed semi-reality science fiction films set in another time period.
These local currencies are especially interesting considering what we may be facing at this time? http://www.politicalforum.com/index...n-of-the-dollar.515180/page-3#post-1068061738 Are tens of millions of Americans about to experience devaluation of the dollar?
In the town of Canso, N. S. two families were making 95% or so of the profits from the fishing industry. Dr. Moses Coady got the fishermen to form a cooperative....... market their own fish....... and all of a sudden real income surged for most members of the community. They organized something similar for farmers as well. There was no net growth really.... just a more fair distribution of wealth within all the people who were producing that wealth. The Antigonish Movement produced a shift in the economy of Nova Scotia from being surprisingly FEUDAL........ where one percent of the population had 95% of the wealth....... to a situation where 80% or more of us can eat steak just as often as those one percenters do! I wonder what could happen if the Coop movement was combined with local currencies???? https://en.wikipedia.org/wiki/Antigonish_Movement
