Local Money

Local Money How to Make It Happen in Your Community - The Local Series

Paperback (13 May 2010)

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The economic crisis and the bailing out of the banks by taxpayers has made us all aware of the vulnerability of our financial system. We need to think urgently about how to reclaim the power that the bankers hold. In past recessions and depressions across the world, communities have done just that - by creating their own forms of money. Local Money shows how this is possible.


This book is an inspiring guide that helps you understand what money is and how you can create money that stays in the community - building loyalty between consumers and local traders rather than losing wealth to the corporate chain stores. It explains how alternative currencies can work with local banks and credit unions to strengthen the local economy, supporting the local production of necessities such as food and energy while helping to reduce the community's carbon emissions.


Local Money draws on the long history of local currencies, from Local Exchange Trading Schemes and 'time banks' to paper currencies such as BerkShares, Ithaca 'Hours' and German regional currencies, which circulate between local businesses as an alternative to their losing trade to the 'big box' retailers. The story culminates in the development of the first Transition currencies, the Totnes, Lewes, Stroud and Brixton Pounds.

Book information

ISBN: 9781900322522
Publisher: UIT Cambridge Ltd.
Imprint: Transition Books
Pub date:
DEWEY: 332.4
DEWEY edition: 22
Language: English
Number of pages: 240
Weight: 732g
Height: 219mm
Width: 221mm
Spine width: 20mm