Why Local Currency?

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Written by GLCC Steering Committee

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The reasons for the formation and existence of the Gorge Local Currency Cooperative (GLCC) are as varied as the individuals who make up the steering committee and all of our members. One thread in common is that we care about our local community. Our intent is to create something to benefit everyone. RiverHOURS, our local currency, is designed to help the Columbia Gorge community move more easily into an economic future that is becoming increasingly unpredictable.

Using a local currency, people of the Columbia Gorge region can still trade goods and services using RiverHOURS even if the worst should manifest concerning the United States economy. Beyond basic community service, RiverHOURS exist because of local individuals who have studied the current finance and banking system, and are dedicated to exploring alternatives and providing solutions to this powerful system, which is privately-owned and operates for a profit at the expense of virtually every US Citizen.

Money creation and banking is one of the largest and most powerful institutions in the world, yet is the least understood by the people. Religion, science, governments, politics and medicine pale by comparison. The Federal Reserve System, the World Bank, and the International Monetary Fund (IMF) are all privately-held corporations that operate for profit. Together, these institutions have acquired untold wealth and funneled that wealth to a tiny percentage of the world’s population. The owners of these institutions control governments around the globe by controlling international finance.

The founding fathers of our country warned Americans about these entities or “international bankers” in their journals and letters. Several others have also tried to enlighten the American people for generations, but their messages are usually censored by the dominant corporate-controlled media. The GLCC is dedicated to educating the public about the dominant system of finance in our world and strives to remove the cloak of secrecy which protects its operation. The GLCC is also dedicated to promoting local prosperity, community and entrepreneurship as our mission statement suggests.

The founders of the GLCC recognize that there currently exists a very real possibility of economic collapse. Although the GLCC cannot predict the future, we believe an important defense is to provide a local system where the trading of goods and services can continue should there be another contraction of the money supply, facilitated by the Federal Reserve as it has done many times in the past.

The GLCC is exploring other systems by which goods and services can be traded within a community, such as time trading. We believe a variety of choices will provide the greatest economic stability and prosperity for a long time to come. The web and depth of deceit cannot be explained in one short article, and it is the responsibility of every American to seek and discover this information for themselves. There are many excellent materials about the controllers of global finance and how to remove the power of money creation from them, returning that power to Congress as authorized in the Constitution. (Art. 1, Sec 8)

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