How local currencies support communities around the world
“Buy local” has become one of the mantras used to push back against the tidal wave of globalization that has characterized most of the last five decades. However, the complexity of global supply chains and the ubiquity of international brands can make it difficult for people to know how much of their spending is really being channelled back into local communities. Local currencies, used within local communities as an alternative to national currencies, have become an increasingly popular way to resist the swell of globalized consumerism and promote local spending.
