Should Ann Arbor have its own currency to promote local business?
The mind boggles at how one will define local for the purposes of access to the local currency. Is a locally-owned store selling national brands local? What about a national chain that sells local products? What about a Michigan-only chain like Kilwin's?
Decision costs will be lower for whose face gets on the $1 bill: can it be anyone but Bo? Of course, figuring that out will require another grant!
Methinks the DDA's $6000 could have been better spent.
Hat tip: Charlie Brown
It's really quite easy.
1 year ago