Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,215,687 members, 8,026,814 topics. Date: Thursday, 12 December 2024 at 06:34 AM

Communities Should Print Their Own Currency - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Communities Should Print Their Own Currency (306 Views)

Inec Chairman Should Print The Faces Of The Candidate Rather Than Just Logo / Someone Should Print This And paste It Around Lagos And Abuja / Plateau: Herdsmen Rename Various Communities Grabbed From Indigenes (2) (3) (4)

(1) (Reply) (Go Down)

Communities Should Print Their Own Currency by freeandfair247: 7:47pm On Feb 07, 2023
I read of the community that printed her own currency in Nigeria.

Now is the time to learn from them


https://www.nairaland.com/7532856/inside-kwara-community-ijara-isin-where
Re: Communities Should Print Their Own Currency by HumbleTrader: 7:48pm On Feb 07, 2023
The one that we have printed, how have we distributed it.
Re: Communities Should Print Their Own Currency by rickpat(m): 7:49pm On Feb 07, 2023
if you know the illegality behind this your proposal,you won't even think it....the way government will so deal with any community that introduces their currency,mouth no go let them talk
Re: Communities Should Print Their Own Currency by freeandfair247: 7:51pm On Feb 07, 2023
rickpat:
if you know the illegality behind this your proposal,you won't even think it....the way government will so deal with any community that introduces their currency,mouth no go let them talk

Which illegality.

They will deposit the real money in the bank and trade with their own currency
Re: Communities Should Print Their Own Currency by rickpat(m): 7:55pm On Feb 07, 2023
freeandfair247:


Which illegality.

They will deposit the real money in the bank and trade with their own currency
okay...till then
Re: Communities Should Print Their Own Currency by OAra: 7:57pm On Feb 07, 2023
It's a very old idea that is quite common in Europe, even if it's not that talked about. It's a great way to keep a community's wealth inside its borders by creating a "parallel economy".

If you want to see a successful example, look up "Sardex" - it's a "complementary currency" that was born in the region of Sardinia, Italy, and has reached the points where it's used by over 11 000 enterprises, it has its own lending institution and has increased local GDP growth by up to 3-4% in some areas.

There are very few links in English, but I managed to dig up some if you're interested in reading about this social experiment (not the only one currently running in Italy, just one of the most successful).

Article in English - https://sailorsforsustainability.nl/portfolio/sardex-a-local-currency-for-a-circular-economy-ita/
Link in Italian (the main organization organizing the usage of the currency) - https://www.sardexpay.net/

1 Like

Re: Communities Should Print Their Own Currency by freeandfair247: 8:00pm On Feb 07, 2023
OAra:
It's a very old idea that is quite common in Europe, even if it's not that talked about. It's a great way to keep a community's wealth inside its borders by creating a "parallel economy".

If you want to see a successful example, look up "Sardex" - it's a "complementary currency" that was born in the region of Sardinia, Italy, and has reached the points where it's used by over 11 000 enterprises, it has its own lending institution and has increased local GDP growth by up to 3-4% in some areas.

There are very few links in English, but I managed to dig up some if you're interested in reading about this social experiment (not the only one currently running in Italy, just one of the most successful).

Article in English - https://sailorsforsustainability.nl/portfolio/sardex-a-local-currency-for-a-circular-economy-ita/
Link in Italian (the main organization organizing the usage of the currency) - https://www.sardexpay.net/

Thank you for the information

(1) (Reply)

El-rufai Tells Kaduna Residents They Can Spend Old Naira Notes Until 2027 -VIDEO / 2023: Senator Makarfi Urge Nigerians To Carefully Vote The Right Candidate / Where Is Lalasticlala?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 14
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.