MNN- Solutions, Creating Community Economies with Local Currency HOURS

May 21, 2010 · 1 comment

in organic food


Others: www.lightlink.com Among the many tools for rebuilding economies is local currency. Ithaca has pioneered this process with Ithaca HOURS (one HOUR = $10.00). Millions of dollars worth have been traded since 1991. Connecting people rather than controlling them, community cash releases the creativity of area residents to trade more ecologically. Grants are made to community organizations. Loans are made, interest-free. Local government itself could be funded increasingly by local money. With extra money committed to regional development, we’re more able to purchase local organic food, solar power, local crafts, energy efficiencies, and holistic health care. more videos: www.youtube.com

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