
“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:
Silent Circle, Lavabit launch “DarkMail Alliance” to thwart e-mail spying
National Emergency Reminder
Is Government Just Spying Like a Giant Peeping Tom … Or Is It Actively USING that Information?
India bans gold jewellery from Thailand
Bitcoin trading illegal in Iceland according to Icelandic Central bank
Young, Old, Democrat and Republican Agree: The Federal Government Sucks
Dutch PM: Eurozone needs exit clause
Clueless Grandstanding Senator Calls For US To Ban Bitcoin
Peter G. Klein on "Blackberry" and Creative Destruction
Do Stock Buybacks Kill Corporate Innovation, Profits?
The Myth of the Efficent Government Organized First Responders
Bernanke Textbook Royalties
State Dept.: One Jew Left in Afghanistan; No Christian Churches
Researchers Find NSA Planted Two Spy Tools through RSA
Maker Of Candy Crush Game Just Filed For A $500 Million IPO