Slow economic times are not good for moral. Lewes, a small historic town in South East England, decided to combat the economic downturn by developing their own currency to be used within the town. Over 70 local businesses have agreed to accept the Lewes Pound, the equivalent of a pound sterling, as payment for goods and services. The Lewes Pound works as a voucher and over 10,000 have been printed. Organizers wanted to boost community pride while boosting the community's economy by encouraging people to buy locally.
No word yet on whether the initiative is working, but the idea is novel if not rebellious. Cheerful Scoop salutes such moxie.
(Originally reported by the BBC. Special thanks to Ann Marie for sending this news item to Cheerful Scoop.)
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