About
Davis Dollars is a community currency for the city of Davis in California.
What is a community currency?
A community currency can help stimulate a local economy by “unlocking” goods and services that could be bought and sold by community members, but which aren’t supplied or demanded by the US Dollar economy. The fact is that although many people could provide services (bike repair, babysitting, car washing, tutoring, haircuts, lawn care, etc), it is difficult to sell these services to people who need to save their limited income for necessary expenses such as rent, gasoline, and insurance. The solution is to give people more money, so they can feel comfortable buying and selling services within the community.
Of course, it isn’t possible to grant people more US Dollars, but it is possible to start a community currency. In at least two ways, a community currency is a better solution than handing out US cash. First, it encourages (requires, in fact) local spending, so that the extra money stays in the community rather than being spent on internet purchases. Second, the development of a community currency encourages people to consider what services they might offer, and to hone the skills they already have. Not only does the currency unlock services that are underutilized by our current economy, it pushes people to create entirely new services.
More about Davis Dollars
Myths and Frequently Asked Questions
Resources: fliers, presentations, etc.
The Davis Dollars Team
You had better believe that Davis Dollars didn’t spring fully-formed out of the earth! The currency only exists because of the hard-working Davis Dollars Team.