 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. 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. As fears for financial stability took hold during the recession, complementary currencies grew in popularity. But the working group has some serious questions to answer first, not least: do complementary currencies actually work? "The benefit comes from the fact that local currencies are trusted organisations: we're a Community Interest Company limited by guarantee." Without enough currency in circulation, it ceases to work.
 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