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by boilerupnc 1185 days ago
In 2009, some Detroit businesses agreed to accept a local currency called a Detroit Cheers (aka Detroit Community Scrip) [0]. Per Wikipedia “ Modeled upon the local scrip that were used during the Great Depression, it was being used to restore local financial confidence following decades of economic decline. ”

[0] https://en.m.wikipedia.org/wiki/Detroit_Community_Scrip

1 comments

Germany has the Chiemgauer regional currency which is reasonably successful and the money velocity is higher because of the demurrage fee.