I would in a heartbeat...but determining what is 'local' to me would be the deciding factor. My town has 620 people in it, 1 high school, 1 grocery store/mart, a feed store, a post office, 2 bars, a coffee shop, a library/police station and a firestation. Local bucks in my town would be hard to spend (except maybe at the feed store)!
That said, we are already trying to keep things local. We trade our wind-fall apples for extra pieces of local grass-fed meat from our CSA. We trade goat's milk for flowers and fruit from our neighbor. Once we have eggs, we'll expand. I think that people need to think less globally, and more locally. And I agree that doing the 'local bucks' thing in a more suburban (less rural) area than what we live in is a great start. Changing the way people think about where their food and products come from is even more important.
Interesting tidbit about Walmart. When we first moved here, we needed some inexpensive supplies for our temporary apartment (extra towel hooks, hangers, door mats, etc) so we punched in Walmart on the GPS in my car. No matches? Weird. So we tried my husbands Garmin - again...no matches? We figured there must be something wrong with it. We found two local discount stores to shop at instead and later learned that the reason the GPS found no Walmart is because there are no Walmarts within 50 miles of us. Unreal (and cool!).



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