 Which complementary currency didn't work out?
But they will only work if Britons are ready to accept that they have the power to invent their own currency. It's an idea he no longer thinks will work, because the debate, since Brexit, has shifted from the currency issue back to ideas about Scottish independence. 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. 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? Without enough currency in circulation, it ceases to work.
 The Stroud Pound
 The Stroud Pound  The Totnes Pound  The Liverpool Pound  The Brixton Pound