Alternative Currencies Flourishing in Germany

Alternative Currencies Flourishing in Germany

Since the introduction of the European single currency, 23 different regional currencies have started circulating in Germany as people aim to revitalize local economies, lessen dependence on the euro, and challenge the established global monetary system. At least 40 more are in development.

The individual currency systems vary, but they do share some common features. For example, retailers who accept them usually agree to bear a small loss