Category Archives: Complementary currencies

Gold Nuggets as ‘super coupons’ – a ‘virtual currency’ of the barter kind

John C Turmel calls himself the ‘anti-poverty engineer’ and has been the most active ant-usury campaigner I have come across. He does not buy a book that doesn’t have ‘usury’ in its index, he says!

With the Gold Nugget Network he has developed a neat system that allows

  • shops to save money when advertising with couponsĀ 
  • buyers to save money by getting discounts.

Here is his home page.


Town Mayor takes his salary in Bristol Pounds: may they come as an app and may many mayors follow suit!

Salt Spring Dollars are a community currency i...

Salt Spring Dollars are a community currency issued by the Salt Spring Island Monetary Foundation. The currency is used by both tourists and local residents of Salt Spring Island. “Salt Spring Dollars”. Salt Spring Island Monetary Foundation . . Retrieved 2011-04-27 . (Photo credit: Wikipedia)

Well, this is the least expected and most promising news I had in my inbox today:

New Mayor Takes Entire Salary in Local Currency

I can’t even remember when it was that I started the first Local Exchange Trading System (LETS) in London, as the Green Money Network. It must have been in the 80s, when I had started Turning Points @ St. James’s which is still running as Alternatives. 80 members had signed up in no time, but they wouldn’t trade. So they needed meetings – which we made happen at the LSE – where people socialised and still wouldn’t trade.

It’s obviously a big difference whether my mum used her local currency in the former DDR in rural Brandenburg quite happily or whether Londoners should learn to change their ways of relating to each with their means of payment.

If only Bristol Pounds were available as an app and all town mayors were to follow Bristol sooner rather than later!

“Barter Rupees” for Yogis

Ramesh Patel has been a long standing Indian friend whom I met because he had bought the crockery for his vegetarian restaurant for barter money in the US. He now called to ask whether I could write about it for a large Indian organisation of Yogis.

So I thought I’d share it here, too: Barter Rupees – A Proposal for Yogis

US communities print own currencies to keep cash flowing

This article in USA TODAY summarizes nicely how people are helping themselves.

How bad does it have to get in Britain, one wonders… But LetsLink UK is inundated with requests for help!