3 ms·
> In a time where money can be zipped around the world in seconds, and most transactions are cashless, what exactly is the advantage of 'keeping money in the co
by tivert 2y ago
> In a time where money can be zipped around the world in seconds, and most transactions are cashless, what exactly is the advantage of 'keeping money in the community'?
Living in a community that isn't poor and decaying?
When money leaves a community, it means that it won't be used to employ people in that community, buy goods in that community, or generate tax revenue for public good in that community. The market's relationship to the community can become much more extractive.