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:
“Socialized medicine, some still cry, but it’s long been socialized, with those covered paying for those who are underinsured. American medicine is simply socialized badly, penny wise and pound foolish.”
—Anna Quindlen (b. 1952)