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Local Money: What Difference Does It Make?

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Local money has been used for hundreds of years and throughout the world, yet very few of us understand what it's all about. In the last few years, many more local currencies have been launched, but why? We all need money - to stay alive, to buy essential goods and services. But when jobs and money are in short supply it's largely because 97% of national money is controlled by the private banking industry. They trade, gamble and invest money where they can earn the biggest profit. And when the banks are in trouble so are ordinary people. By contrast, local currencies are owned by the community. They are designed to support local businesses, local jobs, local producers and services, local crafts and artists, community initiatives, charities, volunteers, etc. They create strong social networks and ensure that the community thrives even in a recession. By keeping the currency local, they protect it from speculators who will only invest if there is a profit to be had. This pamphlet explains the practical differences between national and local money - how local currencies work, what they can do that national money can't do, and why they are needed. If you are lucky enough to have a local currency, find out why you should join it. If you don't, you might be inspired to start one!

64 pages, Paperback

First published June 12, 2013

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About the author

John Rogers

2 books1 follower
John is an expert on local currency systems. His first two books are seen as standard texts in this field. Check out the reviews at his website:
http://bit.ly/JR_Reviews

"People Money - the Promise of Regional Currencies" was co-authored with Margrit Kennedy and Bernard Lietaer, who wrote the 2004 German original on which this first English edition is based. John completely expanded the original text to include profiles of 16 leading local currency systems from around the world, based on 40 interviews. He also added his unique ORDER design methodology for local currencies.

"Local Money - What Difference Does It Make?" is a shorter pamphlet written as an introduction for newcomers to the field. It explains the differences between national and local currencies, why local currencies are needed and examines arguments for and against them.

John is currently (August 2014) working on a new pamphlet titled "The Map", explaining how to make the local economy visible to everyone.

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Displaying 1 - 2 of 2 reviews
1 review
August 7, 2014
Must-read pamphlet. I found it clear, concise, assertive, inspiring and timely. Miraculously, John Rogers has distilled everything you need to know on this subject into this very easily digested little tome.
Seriously impressive. I recommend it to Transition Initiatives and community groups anywhere that are looking at reasserting control over their local economy.
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2 reviews4 followers
April 22, 2016
A great and short introduction to alternative currencies and their importance yo local economies.
Displaying 1 - 2 of 2 reviews

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