(image by simpologist, used under a Creative Commons License)
Yes, you read that right. The Brixton Pound:
The Brixton Pound (BÂ£) is a local currency launching in September 2009. This is a practical way for local people to vote with our wallets for a strong and diverse Brixton economy. It will be a complementary currency, working alongside (not replacing) pounds sterling, for use by independent local businesses and individuals trading within Brixton.
Brixton will be the third Transition Town to have its own currency, following the Totnes Pound in Devon and Lewes Pound in Sussex both of which have been very successful and received national media coverage. Brixton will be the first part of London to have its own currency and the first urban area in the UK.
Find out more at Brixton Pound
To learn more about the rise of local currencies, see Douglas Rushkoff’s ‘Capitalism for Dummies‘, the latest Life Inc. dispatch video.
Jct: When the local currency is pegged to the Time Standard of Money (how many dollars per unskilled hour child labor) Hours earned locally can be intertraded with other timebanks globally! In 1999, I paid for 39/40 nights in Europe with an IOU for a night back in Canada worth 5 Hours. U.N. Millennium Declaration UNILETS Resolution C6 to governments is for a time-based currency to restructure the global financial architecture.
BTW, what ever happened to the Brixton Bricks local currency of the late 1990s? No support until it took a real catastrophe.
Thought you might like this link to the Brixton Pound