From E. F. Schumacher Society
August 21, 2009 Ukiah Valley, Mendocino, North Californa
P.O. Box 858
Eureka, CA 95502
First issue: January 2003
Currency: “Humboldt Community Currency” is a paper local currency in Eureka. Individual participants agree to accept half payment for their goods and services in a local currency made just for Humboldt. Many local businesses also accept Community Currency.
Participation: 67 businesses.
Information updated March 26, 2009
Asa Hardcastle, President of board
Susan Witt, Administrator
P.O. Box 125
Great Barrington, MA 01230
First issue: September 29, 2006
Currency: BerkShares are a paper currency printed in denominations of 1, 5, 10, 20, and 50 and are traded in the southern Berkshire region of Massachusetts. They are distributed by local banks and are backed by federal dollars. They are purchased at $0.95 per BerkShare from the bank, spent at a value of $1 per BerkShare with participating individuals or businesses, and traded back for federal currency at $0.95 per BerkShare, providing a financial incentive for both individuals to get and spend them in the first place and for someone who has recieved BerkShares in a transaction to spend them again rather than return them for federal currency.
Keep reading at the E. F. Schumacher Society→