New Economy How To Create Hometown Currency

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An entire town changed it's spending habits when the local currency was introduced in 1991. The Ithaca Hour in Ithaca, New York is the oldest and largest local currency system in the United States that is still operating.

Who accepts them as payment? Plenty of people all over town. The hairdresser, the massage therapist, the bowling alley, health club, grocery store, restaurants, even some landlords.

Paul Glover is the man behind this. He explains: "This is money with a boundary around it. It doesn't come to town, shake a few hands and then wander out across the globe. It stays and reinforces trade locally."

Unlike our federal currency, local currencies are backed by real people, supported and guaranteed by real people.

The currency reverberates through the community, doing more and more good as it keep circulating in town! This system has worked beautifully, and just gets stronger all the time.

Now there is a new edition for 2013 of his book: "Hometown Money". He explains how to design, issue, print, promote and grow a local currency.

It's time we all "made some money"!

--Bibi Farber

For more information: www.paulglover.org/currencybook.html

Paul Glover is the author of:

Hometown Money : How to enrich your community with local currency.
Health Democracy: Liberating Americans From Medical Insurance
How To Take Power (on community organizing)

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How To Create Hometown Currency

"Hometown Money"

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