Monday, June 09, 2008

British town Lewes to create its own currency...

Banks are hard up for money and customers are finding it more difficult to get credit.

In the Sussex town of Lewes they're devising a plan which could change all of that. They want to print their own local money.

Inspired by the Devon town of Totnes which launched its own currency last year, Lewes locals are at the start of the process of re-launching their own cash.

The town did have its own pound before but it was last in circulation in 1895.

The group behind the schemes in both Totnes and Lewes are part of the "Transition" movement which is concerned with the impact of rising oil prices and consumption.

They hope that the new money will encourage shops and customers to buy local produce and reduce their fuel consumption.

It's also hoped the scheme will encourage a greater sense of community. More...

See also: Sorie Kondi: Without Money, No Family...
And this: Did you know that you could double your money by marinating it!!!

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