100 Ideas for New Paltz

91. create a local currency

Posted in democracy, local economy by Jason West on June 11, 2009

Print a local currency on the model of the “Ithaca Hours” as a supplement to employees’ current income. This would keep a small percentage of money continually recirculating within the local economy, helping to shore up local businesses, increase the wages of underpaid local employees and be an additional tourist draw.

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