Shirley Gallagher
Local Currency is a term for using alternative methods to exchange, barter or trade on a local level thereby re-localizing economic power. Whilst this list has been initiated in Ireland, this is a global list as we learn from each other cleverer, better methods of changing the system
Source: http://www.youthandelders.com/blog/
A local currency produced and used on Salt Spring Island, British Columbia
LETS Link in donegal, ireland
Derry , Ireland based Time banks measure and value all the different kinds of help and skills we can offer each other. In a Time Bank, everyone becomes both a giver and a receiver.
LETS Cork-from Donal OR In Cork -started in 1994, it ran well for a good few years, gradually diminished to a tiny number and has relaunched last October with a new currency. The issue of taxes is something we have dealt with. We have a transaction tax, which horrifies some people at first, but we realised that the administration of the system would not happen if someone was not paid to do the job. At the moment it is a tiny percentage like 2 percent, this can be increased or decreased depending on the spend in the admin account. We use an electronic system now, but used paper until the changeover.
