The Info Underground

Resistance => Progressive Action & Organised Resistance => Topic started by: mgt23 on April 06, 2009, 04:28:21 AM

Title: Printing local money
Post by: mgt23 on April 06, 2009, 04:28:21 AM
http://www.usatoday.com/money/economy/2 ... clude=Juno (http://www.usatoday.com/money/economy/2009-04-05-scrip_N.htm?csp=24&RM_Exclude=Juno)
Title: Re: Printing local money
Post by: abduLMaria on July 15, 2009, 09:53:57 AM
http://campfire.theoildrum.com/node/5158 (http://campfire.theoildrum.com/node/5158)

"Image 1. Front and back sides of a Mendo Credits slip. Our first printing of Mendo Credits was for 600 notes sold at $10 each. Proceeds from the sale of Mendo Credits allows us to purchase 8000 pounds of grains and dry beans. Mendo Credits are 100% backed by specific quantities of pinto beans, triticale, and white and brown rice."

people are doing it here & there.

(http://www.theoildrum.com/files/MendoCredits.small_.jpg)
Title: Re: Printing local money
Post by: veritasvincit on July 15, 2009, 07:18:06 PM
abdulMaria:

this type of local money makes sense - local money used for something that is universal to everyone: food, while at the same time supporting local producers

there is no middle man making a profit - hopefully not produced with any monsanto seeds either

a win/win situation

excellent !