Case Studies

Outside the WIR bank in Basel, 2005
(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-


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 Go to this page to view historical documents that provide a clearer picture of the true story.

A Worgl 1 shilling note


Canadian Tire Money notes

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.


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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