I have had some exposure to local currencies and they constructively challenged my preconceptions of how things are and why they have to be.
keith
This is from FutureProof Kilkenny:
Ireland’s Economic Outlook and the role of Local Currencies
Richard Douthwaite is giving a talk in Kilkenny next Tuesday evening 7th July for a public talk. Richard is an economist, journalist and author specialising in energy, climate and sustainability issues. He is the co-founder of the Foundation for the Economics of Sustainability (Feasta), an economics think-tank based in Ireland. His books include The Growth Illusion (1992), widely regarded as a classic, Short Circuit (1996) and The Ecology of Money (1999).
See full agenda here http://futureproofkilkenny.org/?p=775
Venue: Butler House, 16 Patrick St, Kilkenny
Date / time: 8pm Tuesday 7th July, Free

Jct: If you're going to start a community currency, make sure to link it to the Time Standard. When the local currency is pegged to the Time Standard of Money (how many dollars/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.
See my banking systems engineering analysis at http://youtube.com/kingofthepaupers
Posted by: KingofthePaupers | July 06, 2009 at 01:30