The Totnes pound is an alternative local currency, intended to support the local economy of Totnes, a town in Devon, England.
The initiative is part of the Transition Towns concept, of which Totnes is a pioneer. According to the Transition Town Totnes website this means that it is "a community in a process of imagining and creating a future that addresses the twin challenges of diminishing oil and gas supplies and climate change, and creates the kind of community that we would all want to be part of".
Read more about Totnes Pound: Origins, Intended Benefits, Value and Usage, Description of Notes, See Also
Famous quotes containing the word pound:
“Seems fairly clear that you fix a breed by LIMITING the amount of alien infiltration. You make a race by homogeneity and by avoiding INbreeding.... No argument has ever been sprouted against it. You like it in dogs and horses.”
—Ezra Pound (1885–1972)