Why do we send our savings accounts, retirement funds, pension funds, and other investments off to other communities? Let’s invest SOME of that in the success of the local community.
Local banks like First Bank Richmond already have some investment programs that guarantee you're investing your funds in the success of local businesses. We could create other kinds of "stocks" that allow us to put our money where our mouths are.
I like this idea. I think we
I like this idea.
I think we should do some kind of local currency as well. This has been done in a few other towns with great success.
Re local currency, check out
Re local currency, check out the idea for launching the Wayne County Time Bank (where time dollars is the currency)