UK towns issue their own currency
China Daily | Updated: 2008-09-10 07:47
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A shopper pays for goods at a grocery store in London. Bloomberg News |
Residents of Totnes, a town of about 8,000 people in southwest England, are so worried about the economy's future that they've created their own currency.
"When times have got difficult in the past, local currencies have been one of the tools communities have used to get out of trouble," said Robert Jackson, 58, a member of the Totnes pound project.
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