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More on local currencies

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More on local currencies

Unread postby Micki » Wed 08 Apr 2009, 01:14:02

This seems to be a new one;
The Lewes Pound
Image
http://www.thelewespound.org/

And from USA Today
Communities print their own currency to keep cash flowing
A small but growing number of cash-strapped communities are printing their own money.
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About a dozen communities have local currencies, says Susan Witt, founder of BerkShares in the Berkshires region of western Massachusetts. She expects more to do it.
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Pittsboro, N.C., is reviving the Plenty, a defunct local currency created in 2002. It is being printed in denominations of $1, $5, $20 and $50. A local bank will exchange $9 for $10 worth of Plenty.

"We're a wiped-out small town in America," says Lyle Estill, president of Piedmont Biofuels, which accepts the Plenty. "This will strengthen the local economy. ... The nice thing about the Plenty is that it can't leave here."

http://www.usatoday.com/money/economy/2 ... crip_N.htm
Micki
 

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