quote:
"Wayne Fournier was sitting in a town meeting when he had his big idea.
As the mayor of Tenino, Washington (population: 1,884), he’d watched the pandemic rake local businesses. Residents couldn’t afford groceries. Long lines snaked outside the local food bank.
For more than a month, the downtown area looked almost abandoned. To bring back the economy, Fournier needed to act. “We were talking about grants for business, microloans, trying to team up with a bunch different banks,” he tells The Hustle. “The big concern was, ‘How do we directly help families and individuals?’”
And then it hit him: “Why not start our own currency?” "
https://thehustle.co/covid19-local-currency-tenino-washington/
as the article states, it's been successful before.
"Wayne Fournier was sitting in a town meeting when he had his big idea.
As the mayor of Tenino, Washington (population: 1,884), he’d watched the pandemic rake local businesses. Residents couldn’t afford groceries. Long lines snaked outside the local food bank.
For more than a month, the downtown area looked almost abandoned. To bring back the economy, Fournier needed to act. “We were talking about grants for business, microloans, trying to team up with a bunch different banks,” he tells The Hustle. “The big concern was, ‘How do we directly help families and individuals?’”
And then it hit him: “Why not start our own currency?” "
https://thehustle.co/covid19-local-currency-tenino-washington/
as the article states, it's been successful before.
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