 What is a working example of a complementary currency?
But they will only work if Britons are ready to accept that they have the power to invent their own currency. 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. Proponents say complementary currencies boost spending in smaller geographical areas, which can have environmental benefits as businesses cut transport distances to deal with local suppliers. 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 Brixton Pound
 The Brixton Pound  The Eko Pound  The Liverpool Pound  The Glasgow Pound