Date: 2025-08-21 Page is: DBtxt003.php txt00004280
Pocono Doe
A Complementary Currency for the Poconos
An introduction to Pocono Doe ... a complementary currency for the Poconos.
Burgess COMMENTARY
Peter Burgess
What is Pocono Doe The Pocono Doe is a privately issued local currency designed for use in the Poconos of Pennsylvania. This complementary currency project is not connected to any state, city or local government. It is a voluntary use product designed to aid locally owned businesses by shifting a portion of sales away from big box retailers and focusing more consumer spending on local merchants.
Pocono Doe works to build the local economy by maximizing the circulation of trade within the Poconos. Local currency is a tool for sustainable economic development and this economic model distinguishes between locally owned businesses that accept the currency and all the national big box chain stores that do not accept it. Using Pocono Doe is simply helping consumers direct their spending towards local stores. Pocono Doe will not, and is not intended to, replace federal currency. Its use will help strengthen the regional economy, favoring locally owned enterprises, local manufacturing, and local jobs, and reducing the Pocon's dependence on an unpredictable global economy.
A locally owned business usually means that 'working control' of the day to day business resides in the surrounding community and the assets of the business are owned by local residents.
Pocono Doe can act as a tool for educating and empowering the local community. The more shopping dollars continuously circulating in the local area, the more resilient the local economy will become thus contributing to a more certain and stable economic future for the Poconos. Pocono Doe can help area residents build a powerful alternative economic future, not based on globalization.
Pocono Currency Corporation (to be formed) is a Pennsyolvania B Corporation organization working in partnership with participating local banks, businesses, and non-profit organizations.
Increase your loyal and local customer base for your business. Be part of a community of people who are looking to support each other through keeping their purchasing power local and relevant.When shoppers use Pocono Doe, the money they spend stays with local companies in the Poconos. Locally owned businesses spend more of their generated income in the local community than big box retailers. Money received at a national chain store or restaurant will quickly leave the Poconos headed for suppliers and contractors in other states and countries.
Local currency builds a economically vibrant and environmentally sustainable local economy. By spending money at local businesses and not national retailers, consumers strengthen the local economy and build a more resilient community with the ability to better withstand social and economic crises. Currency that continues to circulate in the Poconos strengthens local companies' purchasing power.
Important Please Note: Pocono Currency Corporation and Pocono Doe are NOT an attempt to replace any other national currency. This organization is NOT a part of 'End the Fed'. Dollars are needed to exchange for Pocono Doe. A complementary currency works alongside national currency and does not replace it.