Author Archives: royall

The Greensboro Currency Project has recently gained backing from a local bank. So much the merrier for advocates of local economic development. Local businesses will enjoy the benefits of people duped into trading real money for a novelty currency of intentionally limited utility while the spenders of said currency get a nice fuzzy feeling about their money going into the pocket of an owner of a local business instead of a business somewhere far away. Presumably our local capitalists will … Continue reading →