Local
Chatham Wireless has a policy in place to support small and large business that provide goods and services to the citizens of Chatham County. This local business policy also incorporates the usage of the local currency, The Plenty.
From the Plenty website:
The PLENTY Currency Cooperative (PCC) promotes local commerce, environmental responsibility, self-reliance and neighborliness through the implementation and support of a local currency, the PLENTY (Piedmont Local EcoNomy Tender).
Here’s how it works: People have been using PLENTYs to buy goods and services in our neck of the woods since 2002. It’s completely legal; it’s taxed the same as dollars; it’s secure; and it is good for our local economy.
One of the measures of the health of an economy is its monetary “circulation.” That is, how many times a bill changes hands before it leaves town forever.Here’s an example:
Let’s say you spend a dollar with Chatham Wireless. ( hey that’s us!) That’s a local Internet service provider. They will use part of that dollar to pay their folks. They live here. Part of it may go to their bookkeeper. Part might go to an advertisement in our local media. They might use their money to get a massage, lunch at Angelina’s Kitchen, or dinner at the General Store Cafe. Part of that dollar might go to buy groceries at Chatham Marketplace which will then buy produce from the local farmer, who will then go buy some Internet access from Chatham Wireless.
The longer that dollar stays in our community, the more enriched we become.
