“BerkShares evolved from a lot of experiments in this area with local currency. There have been Berkshire Farm Preserve notes, Monterey General Store notes and Deli Dollars, all experiments in funding upfront the costs of a business that everybody believed in and everybody understood already. So the Deli Dollars was the best example of that. There’s a deli in town and it needed to move but the owner couldn’t get a bank loan. So he turned to his customers and asked: Will you fund my move? And so he issued Deli Dollars. The customers could buy a Deli Dollar for $8 that was worth $10 when redeemed. So he basically financed his own move.”

http://www.pbs.org/newshour/rundown/2013/09/how-to-print-dollars-in-your-own-backyard-and-keep-them-away-from-wal-mart.html

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