Wheaton College Norton, Massachusetts
Wheaton College

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We print our own money

The economic and environmental reasons for the development of a local or regional currency.

Nicholas Kacher '11 says that developing a local currency can strengthen a regional economy and insulate it from the volatility of national and global forces. He tells the story of Berkshares, a local currency in use in Massachusetts' Berkshires. The currency is a project of the New Economics Institute, for which Kacher has worked since graduating.