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Replying to:

Federal Reserve begins war on local currencies: Banking institutions try to maintain their strangleh

18 November 2007
“The first community-currency system was born in Canada in 1983. Since then the concept has spread to more than 2,000 communities across North America, South and Central America, Europe, Africa and Asia. The mechanics of these systems change to reflect individual circumstances. But the basic concept of an interest-free, community-controlled exchange medium has remained the same.” Using local currency can “stimulate the local economy by giving people incentive to shop in (...)


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