I’ve heard of similar schemes elsewhere

How the Lewes pound is protecting the Local Economy

canada goose outlet shop Lewes, East Sussex re launches the Lewes Pound, with higher denomination notes in 2009What do you do when the value of money is plummeting, and no sooner do you spend it, than most of it disappears out of the local economy? Simple! Print your own local currency, and use it only Canada Goose online within the local community. canada goose outlet shop

canada goose outlet canada The initial print run of 10,000 proved extremely popular and the notes quickly became a rarity in the shops, because people treated them as collectibles, but cheap canada goose uk subsequent print runs found their way into peoples’ wallets and began to prove the local currency of choice in many of the independent stores and business that line the streets of this historic and picturesque old town. Approximately one hundred and thirty shops and businesses including four pubs have now signed up to accept the Lewes pound, and it is exactly inter changeable with the normal pound sterling, and has the same value. The local Barclays Bank has also agreed to operate the scheme, and Lewes inhabitants are very excited by the benefits that they hope to accrue by ensuring that a pool of money remains within local hands providing a welcome canada goose uk shop boost to the canada goose clearance town’s prosperity. The new, higher canadian goose jacket denomination notes launched in 2009 have taken the scheme to a new level, buy canada goose jacket and as of May 2010, steps have been taken to further improve and integrate the currency. canada goose outlet canada

canada goose outlet nyc The Lewes pound and it’s various denominations, cannot, by law, display the Queen’s head but is, however, legal tender. ‘There will always be a need for a national currency, but it’s a question of trying to go back to what can be done locally,’ said Oliver Dudok van Heel, one of the scheme’s initiators. ‘With the current credit crunch, there is some disquiet about the global economic system, and who knows how important this could be? Studies show if there Canada Goose Outlet is more than 12 per cent unemployment in a community these systems become very popular.’ canada goose outlet nyc

canada goose jacket outlet Sustainability expert, Beth Ambrose denied that the Lewes pound was a declaration of independence. ‘This is not us versus the rest of the world. All we want to do is strengthen what’s good in our community.’ She said. canada goose canada goose coats on sale jacket outlet

canada goose outlet new york city Other towns in the UK rolling out similar schemes include Totnes in Devon, where a local currency has been operating since 2007. Brixton, in South London is working on the introduction of the ‘Brixton Brick’, and a number of other communities operating within the Transition Towns Initiative are hoping to join the party soon. canada goose outlet new york city

canada goose outlet jackets For those of you reading this and wondering what the heck a Transition Town might uk canada goose be, you can get up to speed by checking out my hub about the Transition Town canada goose store Network:The Transition Towns network is currently going from Canada Goose Online strength to strength and has over 330member communities in the UK, Australia, New Zealand, Japan and the USA already actively involved, and almost 1000 Canada Goose sale others world wide in the process of joining. Broadly speaking these are communities who want to safeguard their existence in an increasingly hostile economic climate. At first glance their activities, though worthy, appear simplistic and small scale. They promote locally grown produce, and community gardens, farmers markets, and improved recycling. canada goose outlet jackets

canada goose outlet store But the thing is, if we get things right canada goose on a small scale we can protect ourselves to some extent from the tsunami that iscurrently engulfing the world’s economies. Any initiative that brings food production back into the local community, promotes local enterprise, and takes a stand on pollution, has to be moving in the right direction. canada goose outlet store

canada goose outlet sale More local currencies: Ithaca Hours and Ithaca Hours canada goose outlet sale

canada goose outlet parka Ithaca Hours is a well established local currency system in use around the Ithaca district of New York. It actively promotes local economic strength and local self reliance by keeping money local. Over 900 participants accept Ithaca Hours for goods and services, and many employers pay some, or all of their wage bill, in the local currency. This scheme is now canada goose uk black friday so large and successful that it canada goose uk outlet is able to offer small businesses Ithaca Hours business loans at 0% interest. Find out more information at their website: canada goose outlet parka

canada goose outlet store uk Another well known local Canada Goose Coats On Sale currency initiative, also in the USA, is, available in the Southern Berkshire region of Massachusetts. This scheme is designed to encourage people to choose local produce, local industries, local businesses, over and above national and international businesses, thus strengthening the regional economy. canada goose outlet store uk

canada goose black friday sale Unlike some other local currency schemes, have a built in 10% incentive to encourage their use. If you go to a local restaurant, for example, and pay in, you receive an automatic canada goose outlet 10% discount to the listed dollar price. I always assumed the value changed when the price went up, or maybe I just don’t hold on to stamps that long! I’m not sure about using them as currency though, regardless of the value. canada goose black friday sale

canada goose outlet in usa The Lewes scheme has come about as a direct involvement with the Transition Towns Network, which is interesting in it’s own right, and is growing all the time.9 years ago from London canada goose outlet uk canada goose outlet in usa

canada goose outlet Hi a fascinating hub. I’ve heard of similar schemes elsewhere, but not the Lewes cheap Canada Goose one. canada goose outlet

canada goose outlet toronto factory «What do you think about «forever stamps» put out recently by the US Postal System? They are supposed to be worth the value of posting a normal, standard buy canada goose jacket cheap size envelope within the US, regardless of how the price of postage goes up» canada goose outlet toronto factory

official canada goose outlet We have those in the UK anyway. A https://www.canadagoosejacketsoutsale.com lot canada goose coats of stamps say «1st» or «2nd» and they are still 1st or 2nd class stamps even when the price goes up.9 years ago official canada goose outlet.