Summit County embracing barter economy

9:52 AM, Jun 12, 2012   |    comments
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Under the Mountain Hours program, businesses rack up mountain hours that can be used at other businesses around Summit that accept the currency. 

According to the Summit Daily, the program encourages local spending. 

Supporters say it is debt and interest-free, but the tax implications were not available. 

The paper says Durango already has Durango Hours, and there's a new system under way in Denver.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

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