A WaPo article that describes the emergent order in Spain and Greece that is moving away from conducting trade in Euros and moving to conducting trade in local currencies. (And yes, there is a comment about Ithaca, NY having tried its own local currency.)

No commentary, just two questions:

Do local currencies make commerce, in general, easier or harder?

As such, are local currencies, in general, good or bad?

-JD Cross

 

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