Wednesday, June 20, 2007

Yahoo: New Age Town in New England Embraces Dollar Alternative

Worried about a dollar crash in the future? With the dollar at significant lows and China financing our nation's debt load, more and more are advocating for creation of a local currency within their communities. More importantly, a local currency might also support more local business. With a more localized economy, I understand that local people who would use this would be more buffered in the event of a currency crash and there would also already be a local system set up in that case. See the story from Yahoo here.

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