Lehigh Valley group eyes a local alternative to money

A group interested in forming a local currency will meet at 4 p.m. Sunday at The Caring Place, 931 W. Hamilton St., Allentown, to discuss how to make, market and distribute it. The meeting is open to the public.

They seem to be modeling this after the Ithaca Hour, a local New York currency that is more egalitarian masturbation than legitimate money. It’s not to say I don’t support a free-market in money, it’s that I have doubts if this particular product will be any good.

The article claims that making your own money is not illegal. In their case, it might be legal because their care and share currency is a joke. However, serious attempts at competing with the government’s monopoly on money will be met with federal raids and confiscation of your gold and silver.