Each year! This would translate into 100s of new jobs. Based on other cities, Dan estimates about a 1,000 jobs would be created. If your town or city is anything like Louisville, you could use more good jobs, right? Deep thinkers might wonder if new jobs in your town would cause the loss of jobs somewhere else. Fortunately it doesn’t work like that. While a few jobs might be lost in various locations in the US or overseas, the reason why a small shift to local purchasing -10 cents on the dollar – creates so much new wealth and jobs is the power of local money circulation.
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April 28, 2010