hoelos

Seems the verdict is 'not right for East Dulwich'. Still though, for anyone who might find the subject (complementary currencies) interesting, you should check out this guy's work:

I understand it can seem pointless strictly from a consumers perspective. I think the idea is to tie the local businesses closer together so they use each other as suppliers. Maybe the idea appeals more to people who own businesses and/or earn their living locally? Would be interesting to hear their views. If, like matryx you already shop locally you can with a local currency make sure your money circulates locally rather than the next person spending it in Sainsbury's only for the money to leave the area. With Brixton Pounds and Bristol Pounds you can pay electronically through a mobile sms messages, for those who find cash cumbersome. As rahrahrah points out, if local businesses are already accepting Brixton pounds then a specific Dulwich one won't be necessary. Then again some of you might be right, a local currency isn?t right for Dulwich as there's already plenty money around and people are conscious about the benefits of shopping at the local butcher and fishmongers.

Apologies if this has been discussed already on this forum. I did a quick search on here but couldn't find anything. I'm just curious if people think a local currency for East Dulwich (including perhaps Peckham) would be a good idea? I know East Dulwich is very different from Brixton, but have a look at this: They've even got Lambeth council on board. As I see it, it could help local businesses by making sure money spent locally stays locally. It could also help in keeping our high street unique as it would encourage people to favour the indie shop rather than the big chain shops.