British city goes rogue with its own currency
By Agence France-Presse in Bristol, United Kingdom | China Daily | Updated: 2012-08-18 07:50
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The launch of the Bristol pound, usable only with member businesses, has been delayed until September because of the high level of interest. The currency will not be legal tender and must be exchanged through the Bristol Credit Union. The Bristol Pound / Handout via Agence France-Presse |
As Britain loses faith in its banks and feels shockwaves from the eurozone debt crisis, one city is trying to keep local wealth in local pockets with the launch of its own currency.
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