22 Jun 07
Originally posted by rwingettI've always been a fan of the tinkle down theory... I just dont see the need for local money... thats OK though, if its has been proven to increase the local economy, better than fed money... and people are wealthier, then who can argue with that.
http://www.baybucks.org/join/
Sure, you can support local businesses with US dollars. So why become a member of a local currency campaign? Here are three good reasons:
1. The Multiplier Effect - When you spend your hard earned money at the grocery store, the store owner may use that money to pay employees or repair the roof. The employee (or roofer) w ...[text shortened]... extra money for the holidays or for a luxury item - a piece of art or a night on the town.
23 Jun 07
Originally posted by SeitseAnd when all WalMarts are gone, where do you propose people in small towns shop? The stores that never carried the goods that WalMart did? Or are you saying that it's ok for Target or KMart to replace WalMart since they're less infamous.
Maybe the local Wal-Marts will start taking the local currency and
punishing prices for some time, taking advantage of their monstruous
distribution centers, and it will be all over soon.
23 Jun 07
Originally posted by pawnhandlerIn Germany and Norway, many villages don't have a local shop anymore because of chains like Walmart that build big stores and shopping centres. They are usually cheaper, so people who have a car tend to go there rather than to the local shop, so the local shop doesn't survive, so those people who don't have a car (for example old people who can't drive anymore) have to move to a different place. Does WalMart have small local shops in the US?
And when all WalMarts are gone, where do you propose people in small towns shop? The stores that never carried the goods that WalMart did? Or are you saying that it's ok for Target or KMart to replace WalMart since they're less infamous.
23 Jun 07
1 edit
Originally posted by NordlysI'm glad you had local stores that carried necessities. In those lucky cases it's a shame that WalMart came along.
In Germany and Norway, many villages don't have a local shop anymore because of chains like Walmart that build big stores and shopping centres. They are usually cheaper, so people who have a car tend to go there rather than to the local shop, so the local shop doesn't survive, so those people who don't have a car (for example old people who can't drive anymore) have to move to a different place. Does WalMart have small local shops in the US?
23 Jun 07
Originally posted by rwingettI do not see how this could be used to "defeat" Walmart or any other big box store willing to accept the local currency.
http://money.cnn.com/2007/06/20/news/funny/berkshare.reut/index.htm?section=money_latest
This article is about a Massachusetts town that has issued its own, local currency. It's exchangeable with US currency at a 1:1 rate, but the idea behind it is to keep the money circulating with local businesses who accept the notes. Most of the time, buying from nat ...[text shortened]... of the world.
More on local currencies at:
http://en.wikipedia.org/wiki/Local_currency
23 Jun 07
Originally posted by richjohnsonWalmart and the others of its ilk don't accept the local currencies. That's the whole point. Because it isn't good anywhere except in the local community. Walmart wants to be able to take the money out of the community and shift it to the corporate headquarters.
I do not see how this could be used to "defeat" Walmart or any other big box store willing to accept the local currency.
23 Jun 07
Originally posted by rwingettWhat I like about it is cutting out the gummint, people can trade value for value away for the IRD, probably not entirely legally but it allows an easier black market.
Walmart and the others of its ilk don't accept the local currencies. That's the whole point. Because it isn't good anywhere except in the local community. Walmart wants to be able to take the money out of the community and shift it to the corporate headquarters.
23 Jun 07
Originally posted by rwingettBut what's to stop them if it catches on?
Walmart and the others of its ilk don't accept the local currencies. That's the whole point. Because it isn't good anywhere except in the local community. Walmart wants to be able to take the money out of the community and shift it to the corporate headquarters.
23 Jun 07
Originally posted by rwingettCouldnt they just except the funny money and exchange it for real money and ship it off to the home office.
Walmart and the others of its ilk don't accept the local currencies. That's the whole point. Because it isn't good anywhere except in the local community. Walmart wants to be able to take the money out of the community and shift it to the corporate headquarters.