What are regional currencies? Regional/local currencies are a relatively new phenomenon in economy. Since in 2003 the "Chiemgauer", a local currency at the lake Chiemsee (Germany) started off, the project has inspired many similar projects, and enriched the ideas about how money can function a lot.
Regional currencies are a medium of exchange designed for a certain region, which are used in addition to the currency of the country.
How do local currencies work?
About the Chiemgauer - Transcript here
BerkShares local currency supports the community, economy, ecology, and sustainability of the southern Berkshire region of Massachusetts. Launched by the E. F. Schumacher Society, BerkShares creates consumer awareness about the consequences of spending practices, supports local businesses, facilitates the development of import replacing industries, and serves as a model for other regions.
Lots more on YouTube about BerkShares
BerkShares local currency supports the community, economy, ecology, and sustainability of the southern Berkshire region of Massachusetts. Launched by the E. F. Schumacher Society, BerkShares creates consumer awareness about the consequences of spending practices, supports local businesses, facilitates the development of import replacing industries, and serves as a model for other regions.