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Volume 1, Number 5

December 2000

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Flagstaff's new currency is catching on

By Lisa Rayner - FNN Director

In over 2,500 towns and cities around the world, people are improving their local quality of life by starting their own community trading system. Here in Flagstaff, Flagstaff Tea Party sponsors the Flagstaff Neighborly Notes community currency.

The Notes are based on the Ithaca HOURS community currency. Flagstaff Neighborly Notes were designed by me and Photoshop whiz Michael French. Eliza Walbridge and Rob Heller drew Buffalo Park, Dry Lake, Platt Cline and Wilson and Louise Riles - images that appear on the Notes.

The Notes were printed at Aspen Printing on Aug. 31, 2000. The next day, they were mailed to the first people who had signed up to accept them. As of Nov. 26, over $1,400 worth of Flagstaff Neighborly Notes are in circulation in Flagstaff. There are 80 listings for goods and services that can be bought with the Notes.

Flagstaff Neighborly Notes strengthen our local economy, making Flagstaff less vulnerable to outside economic dominance and instability. The Notes circulate within the Flagstaff area and are accepted by locally owned businesses, creating an incentive for people to shop at local businesses rather than at chains. 

Flagstaff Neighborly Notes promote regional ecological sustainability. Locally produced goods do not need to be transported long distances. Furthermore, locally created products are less likely to cause ecological harm than products shipped in from far-away places where environmental laws may be minimal. We have more influence over local business owners and can hold them accountable for their actions.


Louise Hall of Aspen Printing is shown cutting Flagstaff Neighborly Notes from large sheets

Flagstaff Neighborly Notes also improve our local quality of life. They facilitate creative use of abundant local talent. They enable more people to earn a living doing what they really want to do. Everyone can participate - retirees, teenagers, homemakers, hobbyists, business owners, those who want to work for themselves in addition to their "regular" job.

The HOUR Town Ithaca HOURS newspaper says, "We are rich when we hire each other. We're paid more than money. When we shop locally we get more control over jobs and prices, more control over food quality, more control over environmental effects and labor conditions. We start new businesses and create more jobs for kids, parents and retirees. We feel prouder for getting paid to use our skills and hobbies. We export more goods, keep wealth local, and set good examples for other cities. We increase friendly trade and can meet new friends."

Prescott has the High Desert Dollars community currency. HDDs come in 1-, 5-, 10- and 20-dollar denominations. They are not assigned a time-value like Flagstaff Neighborly Notes. The HDD Trading Times directory publishes the listings of community residents who accept HDDs.

HDDs and FNNs are mutually exchangeable. Flagstaff Neighborly Notes may be spent at businesses that accept High Desert Dollars and High Desert Dollars may be traded here in Flagstaff at places that accept FNNs. This cooperative alliance will greatly enhance Flagstaff's and Prescott's ability to develop greater regional self-reliance.

For more information on High Desert Dollars, contact the Central Arizona Mutual Credit Association, P.O. Box 54, Prescott, AZ 86302-0054.