
“Whether buying bread, filling a pharmacy prescription, getting a haircut or going to the doctor, some residents of Montreuil, France, are rejecting the euro in favor of ‘La Peche’, a local community currency. In France, local currencies are growing in popularity as trust in state institutions erodes. An elaborate coupon system lets locals pay for services and goods with special local banknotes, which are recycled and kept within the community. France, Europe’s second largest economy, has at least 20 different types of complementary currencies. Worldwide there are over 4,000 community-centered money schemes.”
http://rt.com/business/france-currency-alternative-euro-415/
Related posts:
With New Initiative ‘Galactic,’ PayPal Wants To Own Payments And Commerce In Space
Evil octopus strangling the world becomes latest US intelligence seal
Professor Francis Boyle: IMPEACH OBAMA NOW!
Researchers discover new attacks amid telcos' Voice-over-LTE rollout
Bitcoin Boulevard: Dutch neighborhood now accepting cryptocurrency
Union Pensions Win, Homeowners Lose in "Victory" Against Banks
Schwagstock founder Jimmy Tebeau enters federal prison; should other music-festival organizers worry...
Texas City Council Rejects Red Light Camera Initiative
Dozens Of Homeland Security Employees On Terrorist Watch List
US 'Elects' New Syrian Leader...A Guy From Dallas!
Federal Judge Removes U.S. Muslims from Constitution
Bill Bonner: Don’t Invest Here in 2014…
U.K. police hope to sniff out pot growers with marijuana-scented cards
Russia urges Syria hand over chemical weapons to int'l control
Rapper Lupe Fiasco thrown out of inaugural party after criticizing Obama during performance