Re: Local Currency Article

["David Spitzley" <dspitzle@gw.wash.k12.mi.us>]

>>> thirdway@cesj.org 12/10/02 11:36AM >>>
Only by transforming the money-creating and capital credit systems at
the nation-state level and evolving global level will this wealth gap be
closed. 
-------------------------------------------------------

I'll concede the point for the moment, but this >is< the subnational
strategies listserv.  While discussion of local currencies is admittedly
a little off topic given the overall focus on ownership, I thought it
worth presenting an example of something that can be and has been done
to anchor economic activity within a community.  To be honest, I have a
feeling a local currency would be more effective in stimulating economic
development in a poor community than Fed reforms, simply because it
requires less technical expertise to take advantage of.


David
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