Wednesday 7 April 2010

Local Currencies In English Towns

There are 650 local currencies in England. On the 22nd March the BBC also reported about the towns printing their own currencies. [1]

"Francis Ayley established over a dozen local currencies in the UK before moving to the U.S. He contrasts our standard, scarcity- and debt-based money system with local currencies in which "there's always as much as you need." Local currencies like his Fourth Corner Exchange issue money when members trade goods and services. Communities with local currencies will be less affected when recession or depression hits the mainstream economy."








1. http://news.bbc.co.uk/1/hi/uk/8579476.stm
2. http://www.fourthcornerexchange.com


No comments: