The Lakota Dollar Store is on track for its grand opening in September. The new retail outlet will offer Pine Ridge, SD residents convenience, lower prices and an opportunity to spend their Lakota currency. That means that not only will the proceeds from the Dollar Store’s sales stay in Pine Ridge, but so will its purchasing power. It all started when the Ogdala Sioux Tribe distributed funds from a settlement to its various districts. Most districts used the funds for grants to individuals who … [Read more...] about Lakota Dollar Store on track for September grand opening
As local, state and federal governments continue to spend more than they take in and provide fewer, lower quality services in return for tax dollars, many local communities have privatized. There are now whole cities that are privately owned, with services previously provided by government now provided by the market. That’s a great opportunity for Open Currency. The federal government runs the military, Social Security and Medicare, interstate commerce and interstate highways. The state … [Read more...] about OpenCurrency a perfect fit for private cities
Detroit was one of the epicenters of the 2008 financial collapse. While its economic problems were decades in the making, the failure of two of the three largest automakers and the largest financial and housing crisis since the Great Depression combined to make a perfect storm, leaving the city in ruins. Unemployment is rampant, housing prices have gone subterranean and the city just announced that it will file for bankruptcy. The news is not all bad. Like any other economy, the bottom formed … [Read more...] about How OpenCurrency can save Detroit
Colorado Aquaponics & the American Open Currency Standard team is traveling to Pine Ridge, South Dakota for a hands on "Basics and Build" course. This event is an effort to promote community involvement and ultimately provide a sustainable, high quality local food source for humans, livestock and pets too. This is just one part of the Oglala Lakota Nation's campaign to reestablish self-determination, economic independence and sovereignty. Over the next few months, the Colorado Aquaponics … [Read more...] about Oglala Lakota makes a splash with Aquaponics
Internationally acclaimed television network, Russia Today, stopped by Mulligan Mint while filming a documentary on the Republic of Texas. Mulligan Mint CEO Rob Gray gives a quick tour of the expanding facility and explains how the mint technicians are re-purposing retired U.S. mint equipment to “create a complimentary currency system that can change the world.” … [Read more...] about Russia Today investigates Mulligan Mint
You can’t sell an underweight silver coin, especially one that’s marked AOCS APPROVED. The US government may want you to believe that the “standard” acceptable weight for a one-ounce silver coin is anywhere from .998 Troy ounces and up, but that’s not how we do things here at the Mulligan Mint. In fact, every coin we mint contains AT LEAST the weight of .999 fine silver marked on the medallion. Take a quick look at the latest batch of silver paraDIMES to see our weight tolerance. … [Read more...] about Silver paraDIMES – underweight blanks?