Do you love Portland and like to write? Are you good with photography or video? How would you like to write about all of our amazing PDX local merchants? We need you to contribute to a new online magazine that is … Continue reading
City Club Mission: To inform its members and the community in public matters, and to arouse in them the realization of the obligations of citizenship. City Club of Portland is a nonprofit, nonpartisan education and research based civic organization dedicated to … Continue reading
Localism in the Age of Globalism City Club Friday Forum hosted Nancy Folbre who mentioned Bridgetown Bucks, listen in to the entire event http://pdxcityclub.org/nancy-folbre-localism
The Bridgetown Buck is a privately issued local currency designed for use in the Portland, Oregon area. The currency project is not connected to any state, city or local government. This is a voluntary use product designed to aid locally … Continue reading
The PDX Currency Corporation is an Oregon non-profit company located in Portland. Company operators envision a thriving local Portland economy where businesses are prosperous in large part because the community has recognized the importance of sustainable local merchants.The local paper … Continue reading
Bridgetown Bucks is NOT an attempt to replace any other national currency. This is not an alternative currency this is a complementary currency. This organization is not a part of “End the Fed”. U.S.Dollars are needed to exchange for Bucks. … Continue reading
Bridgetown Bucks is a local complementary paper currency. Notes are available in four denominations 1, 5, 10, and 20. These notes are issued by the PDX Currency Corporation, an Oregon non-profit company. The currency is not legal tender and not issued by or associated with any Federal, State, City or local form of government. This is a voluntary use product which only circulates in a small well defined area in and around Portland, Oregon. The notes are only accepted at participating local businesses. The purpose of the currency is to keep money circulating in the Portland community.
Local merchants accept Bridgetown Bucks as equal in value to one U.S. dollar. Every circulating note is backed by U.S. dollar deposits to be held at local banks or local credit unions. No Bridgetown Buck can enter circulation without first having funds on deposit at the local credit union branch.
This type of local currency has a commercial purpose which is to stimulate locally owned businesses. Wide use of Bridgetown Bucks should help to channel shoppers away from big box retailers and into locally owned stores. Local currency helps to maximize circulation of trade within the Portland area. PDX Currency Corporation will furnish the paper currency, marketing, guidance, educational tools and day-to-day support for this operation starting 2013.
Sorry for the construction but we will be replacing the old website over the next week or so….thanks for your patience. Carl firstname.lastname@example.org