(photo by Sergio Lub)
The WIR Bank –Founded in 1934 as the Wirtschaftsring-Genossenschaft (Economic circle cooperative) to enable small and medium sized businesses to trade independently of conventional money and banks, this business-to-business credit clearing exchange continues to thrive. -Details-
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The Worgl Currency and Demurrage –A celebrated case of successful depression-era scrip. Go to this page to view historical documents that provide a clearer picture of the true story.
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Canadian Tire Money –The quintessential rebate currency. This page links to a paper from the Federal Reserve Bank of Minneapolis, A Shred of Evidence on Public Acceptance of Privately Issued Currency.
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Sardex –A contemporary example of a successful commercial trade exchange, operating in Sardinia, Italy that may be worth emulating.
A report of my 2015 visit to Sardex, with links to other pertinent material.
The Sardex factor by Edward Posnett –article from the Financial Times.
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