By contrast, dollars have a tendency to fly out of our community and concentrate where they do working people little good. Money spent at chain stores, for example, mostly leaves the area and goes to pay for things like excessive executive salaries, corporate mergers, and factories overseas. Increasing globalization of the economy only worsens this problem. Unlike dollars, Thread City Bread is locally and democratically controlled. The value of the currency and how much is in circulation is decided by those involved in the system, not by the Federal Reserve.
Local money helps keep people working.
When money is scarce in a given region, many are unable to work, despite being willing and able, simply because no one has the money to pay them. This was a major national problem during the Great Depression and continues to be a problem in many places. Thread City Bread boosts the local money supply, helping us employ one another. Local money builds community by fostering pride and community awareness and by introducing many folks who have barterable skills or goods but never thought to advertise them for dollars. Hour-based money can also be more egalitarian than dollars.