Local Currency - Can it help a community?

There's a new book store (Banks & Nobel) opening up in your neighborhood. It's a national chain store and will be larger than the neighborhood store that exists now. It will also have a cafe serving the latest flavors in coffee.  The local bookstore (Paul's Books)  has reacted by accepting local dollars called "Greenbacks" for all purchases. The owners of Paul's books say the local currency will help protect jobs in the local community.

Greenbacks are local notes that are now accepted for purchases in about half your neighborhood stores. More local stores are also considering taking the currency.  You cannot, however, use the Greenbacks outside of your neighborhood.

You live in this community and are concerned about jobs and the local economy. You also like to buy books.

1. How could shopping at the local store using Greenbacks help? Hint: keep in mind that money is a "store of value"

2. If Banks & Nobel is a corporation who owns them? Where will the profits from that bookstore go?

Brooklyn Greenbacks were real.