The power of local currency

While the power of money in the world has long been established, have you ever thought of money's potential power to develop mutual trust within a community? At TEDxBasel, Florence Siegenthaler proposes using a local currency to put the power back in the hands of our communities.

Palmas (Brazil)

There are several regional money projects in Brazil. The Palmas is a currency of a bank founded by the parish priest Joaqin de Melo in a ghetto on the outskirts of the large city of Fortaleza. The money is issued in the form of interest-free microloans.

Roue (France)

France also has regional currencies. Here, the concept is explained using the Roue as an example.

Sardex (Italy)

In southern Sardinia, the regional currency Sardex saved many companies through the financial crisis.

Chiemgauer (Germany)

The Chiemgauer is the largest regional currency in Germany and has been around for several years.
chiemgauer.eu

Ithaca Hours (New York, USA)

Ithaca Hours is a local currency in Ithaca, New York and is the oldest and largest local currency system in the US that is still operating.
ithacahours.org