NCPlenty

Economic meltdown is fertile ground for re-invoking a revamped local exchange system

With macro-economic indicators getting worse by the day, scaling down to the local is looking saner and more attractive.

One example of many is local currencies.  Though our local currency, the NCPlenty, is barely in existence, it may be time to re-vamp it. The global and national economic climate may provide the environment necessary for making a local  currency adaptive and succesfull. 

In November the nation's official unemployment reached 6.5%.  This is a figure that would change to 12.5% if included were those who are too discouraged to look for work any longer or those working fewer hours than they would like.

12% may be a significant number;  As pointed out in Beyond Greed and Scarcity by Bernard Lietaer:  In France, years ago,..

 

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