Milwaukee residents considering local currency

From the Dec 3, 2008 Milwaukee Journal Sentinel:

Neighborhood businesses might print their own money
By Sharif Durhams of the Journal Sentinel

Some residents of Milwaukee’s Riverwest and east side neighborhoods are considering giving up the greenback.

Participants would exchange U.S. dollars for a more local currency.

The move would encourage residents to support locally owned businesses, under the assumption national brands won’t take what to them would amount to Monopoly money.

“This promotes local economic strength and community self-reliance,” wrote one of the organizers, Sura Faraj, in a recent entry on her blog. “Other benefits include more community involvement and pride, patronage of local businesses (those that participate), and ultimately the reduction of traffic emissions.”

Organizers in the Milwaukee area met Wednesday at Martin Luther King Library, 310 W. Locust St., to discuss the currency.

Since they’re just taking first steps in trying to organize printing their own dollars, they didn’t want to talk about details to the news media. But if they pull it off, they would be following in the footsteps of other neighborhoods, including the Madison Hours Cooperative for neighborhoods in the state capital.


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About Jay Babcock

I am an independent writer and editor based in Tucson, Arizona. I publish LANDLINE at jaybabcock.substack.com Previously: I co-founded and edited Arthur Magazine (2002-2008, 2012-13) and curated the three Arthur music festival events (Arthurfest, ArthurBall, and Arthur Nights) (2005-6). Prior to that I was a district office staffer for Congressman Henry A. Waxman, a DJ at Silver Lake pirate radio station KBLT, a copy editor at Larry Flynt Publications, an editor at Mean magazine, and a freelance journalist contributing work to LAWeekly, Mojo, Los Angeles Times, Washington Post, Vibe, Rap Pages, Grand Royal and many other print and online outlets. An extended piece I wrote on Fela Kuti was selected for the Da Capo Best Music Writing 2000 anthology. In 2006, I was somehow listed in the Music section of Los Angeles Magazine's annual "Power" issue. In 2007-8, I produced a blog called "Nature Trumps," about the L.A. River. From 2010 to 2021, I lived in rural wilderness in Joshua Tree, Ca.

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