Community Created Currencies

From: Jason Howard To: wblock@loyno.edu Subject: local community currencies Hi Walter, I am mostly familiar with your work through LewRockwell.com. I am curious what you think about community created currencies. My question is do you think these currencies actually benefit the local community? Thank you for your time. Respectfully, Jason https://thehustle.co/covid19-local-currency-tenino-washington/?utm_source=pocket-newtab Dear Jason: In my view, all voluntary capitalist acts are mutually beneficial at least in the ex ante sense, and that would certainly include private enterprise “monies” as per your example. As to whether or not this initiative will be successful in facilitating local trade, that is an empirical question, … Continue reading Community Created Currencies