The Atlantic Monthly - Eric Garland - More consumers are walking away from fiat currencies to drive commerce -- and society -- with new ways of buying.
Smithsonian - Susan Spano - You’ve got to slow down when Route 7 leaves behind the wide-open valley of the Housatonic River to enter Great Barrington. The road becomes Railroad Street there, right of way to pedestrians stalled in the crosswalk trying to decide whether to have sushi or chimichangas for dinner. Others carry yoga mats, bags of farmers market produce, books, CDs, double espressos and all the other stuff it’s hard to find in surrounding Berkshire Mountain villages like Stockbridge and Lenox.
Channel One News
Shelby: When Berkshire Bike and Board owner Steffan Root tunes up bikes, he will accept several forms of payment — cash, credit cards…and BerkShares.
Steffan Root: By using BerkShares and accepting BerkShares, I’m keeping my dollars here in my community.”
Shelby: What are these BerkShares?
Steffan: A BerkShare is a dollar-backed currency that can be used to buy and sell goods that are produced by locally-owned and operated businesses.
Fox Buisness - B.J. Lawson, president of the Board for N.C.'s Pittsboro Plenty, and Susan Witt, founder of BerkShares, on how dozens of communities across the country are taking the economy into their own hands.
The Fesno Bee - Bethany Clough - Something unusual is happening in the mountain town of North Fork: People
are printing their own money.
Hoping to boost the Madera County community's economy and keep all of its
wealth from rolling downhill to Fresno, a group of residents has created a
local currency. Organizers also hope the project will encourage neighbors to
become more engaged with one another.
Metroland Online - Chet Hardin - Susan Witt says that the collapse of global financial institutions might have changed some people’s views of banking and economies, but not hers. “It just so happens,” she says, “that it has brought us a lot more attention.”
NBC Chicago - B.J. Lutz, Phil Rodgers - If you like a locally-owned business if your community, patronize it. That's
the message the South West suburb of Lemont is actively promoting in an
effort to keep local money local.
Officials have asked the village's 17,000 residents to pick three local
businesses they would miss if they were gone and to spend at least $50 per
month there to help them to survive.
Whole Life Times - Maria Fotopoulos - In 1932, while the world struggled through the Great Depression, a small
Austrian town tried an economic experiment. To stimulate the local economy,
leadership in Wörgl created its own local currency, or scrip, known in
German as freigeld (literally, free money).