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Ear to the Ground

Euro, Meet Urstromtaler

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Posted on Feb 6, 2007
urstromtaler
bbc.co.uk

Regional currencies like the Urstromtaler have been springing up around Germany. Advocates hope that the alternate currencies will help to stimulate sagging local economies, support small businesses and encourage a sense of community.

BBC:
Like any other city in Germany, the normal currency here is the euro. But bizarrely, they also have another currency in circulation: the Urstromtaler.

Before you doubt its existence, it is not “Monopoly” money - it is very real. At a jewellery shop in the city centre, Gerfried Kliems explained how people use the regional currency.

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A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
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