How to Bootstrap an Informal Local Economy

Today’s Resilient Community letter is from Marcus Wynne. He’s been on the road, looking at fiercely independent, rural communities across the US, to divine what makes them tick. In this dispatch, he digs into how an informal local economy gets started. It’s important to understand how these economies work. Why?There’s been an explosion in the use of community time banks, local currencies, and barter networks all across the US and EU. In some cases, like depression ravaged Spain and Greece, informal local economies are starting to displace the global financial economy. So, this dispatch is well worth the read. Hope you find it as useful as I did.

Read