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Localization

July 29, 2009

The Bend BEE is excited to facilitate a new economic stimulus project for our beautiful community.  Local Currency has been around since the beginning of civilization; in fact, local currencies have been the most widely used exchange system on the planet for thousands of years.  Ithica, New York has had the “HOUR” system in place, running successfully since 1992.  More recently, the Berkshares, located in Berkshire, MA has made news by deploying a staggering $2.5 million in local currency since the fall of 2006.  There are well over 100 Local currencies currently operating in the U.S. with innumerable local currencies operating across the globe.

Why are Local Currencies so popular?  There are a number of reasons people are going back to local currencies; the main being the push to localization…geographic regions creating bio-regenetive economic, social, and environmental frameworks that promote healthy, sustainable living conditions.   Local Currencies are sprouting up in cities across the country at a staggering rate.  With exposure in this month’s edition of Time Magazine, they’re sure to attract even more attention.

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2 Comments
  1. I used to live in Ithaca NY and remember the local currency system. It is a fine thing and hope it catches on here in Bend. I don’t have many skills but I am willing to offer my services as a musician and chef. Any way I can help!

    • ethananderson permalink

      Thanks Leif :)

      I’ll be sure to add you to our test group that we’ll be starting soon. Let me know what kind of music performance you would be willing to do in exchange for partial payment in BEE’s; and also, what sort of chef magick you cook up! Help me by providing your marketing message in regards to entertainment and cooking services….simple and descriptive.

      Thanks Leif

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