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Articles -
Leadership
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Written by Bob Fishman
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Tuesday, 07 July 2009 20:33 |
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As of July 11th a new employee will join a local non-profit corporation with a salary in the $50,000 range. As more workers are being laid off in other organizations this corporation is adding to staff with the use of our local currency - Equal Dollars. The new employee will be paid 1/2 in U.S. currency and 1/2 in Equal Dollars
Where did this corporation get the =$s? The answer is simple - by making an interest free loan of 30,000 =$ from the local currency bank - and it owes those 30,000 back by December of 2014 so it has five years to earn those funds from its community activities.
Now for-profit and non-profit corporations can add to their productivity and employment base (rather than cutting back on needed employees) by borrowing and using this local currency system.
Want more info on how your corporation can make an interest free loan? Write to Deneene Brockington
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
, or Bob Fishman
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