Japan rides hard times with tokens of 'love'

Gregory gregory.l at mazdaace.co.jp
Mon Oct 21 22:54:15 PDT 2002


Anybody heard of this in the US? Seems like quite an interesting anomaly with everything headed towards monetary unity and cyber-trade...

http://www.csmonitor.com/2002/1021/p01s04-woap.html The rabu is the most recent and ambitious of 130 community currencies that are springing up in regions across Japan to boost local economies and encourage closer ties between residents.

There are similar programs in about 50 North American towns and cities. But Japan ? for reasons of culture and circumstance ? is emerging as a global leader in the concept. <snip>



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