trade

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trade

• goods and services needs and
  desires

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money

• a token or medium of exchange that makes trade
  possible, without the limitations of barter

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what backs money or guarantees its worth?

• our beliefs

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local multiplier

• the local trade and local income that money helps
  create before it leaves

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Plentytown and Leaktown each get 100
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another perspective
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In 1979, there was one part-time Wallowa County
UPS driver.Now how many are there?
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figuring a multiplier
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ways to increase local multipliers

• shop-at-home schemes
• increase local purchasing and contracting by
  governments and organizations
• help local businesses be more competitive

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local currency(printing and circulating our own
money)

• is legal
• is used successfully by nearly 100 communities in
  the U.S.
• its use is optional and increases choice
• can be used separately or in combination with
  U.S. currency
• subsidizes local transactions
• can be an attractive souvenir for visitors

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U.S. currency local currency

• lets money quickly leave a local economy
• promotes buying from Costco, Wal-Mart,
  catalogues, internet
• restricts local production to goods and services
  that are competitive on the global market

• keeps money circulating locally
• promotes buying locally
• fosters local production of a greater variety of
  goods and services to meet local demand

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Wallowa Countys annual turnover265 million

• if one percent of this never left (an infinite
  local multiplier)a 2.65 million boost to our
  local economy

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Wallowa County

• we tend to follow national trends (buying goods
  from global marketplace)
• BUT
• our geography favors a local currency
• core of can-do, locally minded people

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