(www.theplenty.org) It’s completely legal; it’s taxed the same as dollars; it’s secure; and it is good for the local economy.
Piedmont, North Carolina Revives Local Money
APRIL 27, 2009
The PLENTY is a local currency. People have been using it to buy goods and services in our neck of the woods since 2002. It’s completely legal; it’s taxed the same as dollars; it’s secure; and it is good for the Piedmont local economy.
One of its advantages is that it can only be spent here at home. As far as we can tell, they do not yet accept the Plenty in Malaysia. Which means it circulates amongst ourselves.
One of the measures of the health of an economy is its monetary “circulation.” That is, how many times a dollar changes hands before it leaves town forever.
Read more about the Plenty: http://theplenty.org/
Who accepts the Plenty? http://theplenty.org/businesses
