 Which is true about the various types of local currency?
New money: Do local currencies actually work? But they will only work if Britons are ready to accept that they have the power to invent their own currency. Everyone has gathered to decide what a Glasgow Pound might look like at a time when many are asking if local currencies can work at all. So they printed a currency that would have the same value as the pound, but could only be traded in independent Brixton shops, where the shopkeeper would also have to spend it locally. No two local currencies are exactly the same. But the Brixton Pound and other recent schemes follow the example ten years ago of the Totnes Pound, a 'complementary currency': that is, one supplementing the national currency.
 They are used in addition to the national currency, not as a replacement
 They are used in addition to the national currency, not as a replacement  They often try to replace the national currency to varying levels of success  Only some of them are considered legal by the national government  They are too hard to spend and thus the national currencies are always favored