LCG Minutes 27-08-08

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Summary of Local Currency Group Minutes
Wednesday 27th August 2008

Present
Josh
Sue
John
Mamading
Hannah
Was this right??

Things Discussed

What do we want to achieve with a local currency and how will we measure it?
• Example from John Rodgers. Action Point: Sue to add example.
• Inclusion: Help people with financial difficulties and those who don’t have access to credit.
• Build local resilience: Money circulating and staying in the local economy.
• Education: What money is and how it can work for local communities.
• ‘No more throwaway people’ Edgar Kahn.

Options for a local currency:
• Printed Paper money as used in Totnes and Lewes
• Account Exchange Scheme such as LETS.
• Time Banks.
• Exchange Scheme for pensioners.
• Something else.

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