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Les squires

Help build this interest group...

Nighthawk Traders

There's perhaps no question I'm asked more often than "What about Local Currencies?" So I'm starting a study group on alternative forms of community trading. Register your interest! Soon we will begin building a prototype.

Group Type: Local Currencies & Trading
Members: 114
Latest Activity: Dec 29, 2013

Quick Start Overview of Local Currencies

See GLOBAL SIGHTINGS OF COMPLEMENTARY CURRENCIES below. The listing includes the 20 newest mentions of "complementary currencies" or "complementary currency" found anywhere on the web. The list is updated daily.


  1. Discussions: Contribute to a discussion on any of the following topics or start a new discussion on related topics.
  2. Doers vs. Talkers: If you are inclined to dump tons of endless paragraphs about these issues, particularly other websites where people talk, talk, talk, and talk about local currencies, think again! This space is for DOERS. Ask you neighbor if you can trade something of value without using cash currencies: Report the details and results here. Try out the babysitting example: Ask for something you want "in trade" before "volunteering" the next time. Report your experiences below.

A Few Talking Points

  • Baby sitting pool model case -- You take mine for the weekend; in turn, I take yours for another weekend -- win-win
  • Lawn mowers and lawn mowing -- My neighbor "borrows" my lawn mower and agrees to mow my lawn in exchange for his not having to purchase a mower.
  • Precondition: I have NEEDS. I have OFFERS. Ready to TRADE some of mine for some of yours.
  • Barter Exchanges -- Ancient model for trading needs and offers. Limited to two people or businesses.
  • Currency -- Exchange among MORE THAN TWO entities -- imagine the baby sitting pool with 60 couples -- Keeping track of kids and balances -- Oi!!!
  • Local Flow -- what goes around comes around -- Cf. Walmart, Home Depot, Starbucks -- Cash register payments go immediately out-of-state. Cf. Trade Local.
  • Local business incentives -- Local carpenter paid 40% alternative and 60% cash for painting local business establishment. Local business gets beautiful paint job. Painter redeems credits for meals for the family. Parties for Transitioners.
  • Local Tax Authorities -- how would you like to receive credit toward your real estate taxes with value you accumulate by working for Transition...
  • Electronic "banking" -- debits, credits, balances, negative balances, invoices, statements, accounting, IRS -- without "outsourcing" our record keeping to cash banks
  • Paper money -- Ithica dollars -- "In Ithica we trust"
  • IRS -- Accounting requirements for professional services vs. "volunteer" services

Sign up. We're establishing a mailing list at this point. Determining the scope of local interest. We have also set up an online trading account which will be used as a prototype -- sponsored by my community, Nighthawk Circle in Louisville. Sometime around mid-November we'll actually begin real local trading. When we're up to speed and your locality is ready, this group will assist to set up your own community exchange. Patience! There's groundwork to be laid.

Discussion Forum

Mile High Hours - Denver's Local Currency -

Started by Scarlet Begonia Jul 13, 2013. 0 Replies


Started by Mark Stewart. Last reply by Mark Stewart Sep 7, 2011. 2 Replies

Global Sightings of Complementary Currencies

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Comment Wall


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Comment by Les Squires -- Webmaster on December 29, 2013 at 10:47am

"I want to note the passing of a great woman, Margrit Kennedy, an amazingly broadminded big-hearted thinker who contributed to architecture, urban planning, and the conceptualization of interest-free money systems. I had been hoping to meet her again in 2014. Wherever you are now, Margrit, we stand on your shoulders and carry your vision forward." --Charles Eisenstein on Facebook

" A pillar for all time. Margrit will be with us for all time." -- Les Squires

Margrit Kennedy on Wikipedia

Comment by Les Squires -- Webmaster on December 24, 2013 at 10:21am

Institute for Leadership and Sustainability

Certificate of Achievement in Sustainable Exchange

(Offered by the Institute for Leadership and Sustainability (IFLAS) in our London Docklands Campus, 20 credit points at Masters-level, can be part of a Postgraduate Certificate in Sustainable Leadership).

Economic and environmental crises are often in the news, yet social innovation is growing at pace.

Collaborative consumption systems like Airbnb, digital currencies like Bitcoin, local currencies like the Bristol Pound, gifting systems like, and sharing systems like TimeBanks UK, suggest that there could be a new paradigm emerging for how we organise our economic lives in ways that could restore community and the environment. 

The aim of this Certificate of Achievement is for you to understand why and how to create, scale and evaluate digitally-enabled systems of “sustainable exchange”. . . .
The course is taught as a four-day block on the edge of the London Docklands financial centre, with structured online interaction beforehand, and an assessment to study for and write afterwards.

Comment by Les Squires -- Webmaster on August 24, 2013 at 9:27am

Bangla-Pesa Documentary

Published on Aug 23, 2013 --

The state has withdrawn a case in which an American scholar was charged alongside five Kenyans in connection to the use of an alternative currency known as Bangla-Pesa. Mombasa Resident Magistrate Vicky Kachuodho granted the prosecution's application to withdraw the case following directives from the office of the Director of Public Prosecution Keriako Tobiko. Other accused persons were Kenyans Alfred Sigo Odhiambo, Emma Adhiambo Onyango, Paul Mwania Mwololo, Rose Auma Oloo and Caroline Dama Chirenga.the office of the DPP stated that no offence has been found to have been committed by William Ruddick and his co-accused persons following the review of the case file. Ruddick had insisted that the project was genuine and had been done in other countries as it only targeted low-income communities.

Background -- Published on Jun 13, 2013

The Bangla-Pesa Complementary Currency, Poverty Reduction Program is a project of Koru-Kenya, whose members are currently facing up to 7 years in jail. The program allows mico-enterprises to organize and develop their own means of exchanging for their excess capacity. For more informaion visit:

Comment by Les Squires -- Webmaster on August 23, 2013 at 11:13am

Complementary Currency Trial Shows How Communities Can Prosper 

The County of Uppland, Sweden  trial shows a role for complementary currency in increasing preparedness.

Realizing that Sweden’s cashless society is utterly dependent on the electricity supply, one organization working with disaster preparedness is experimenting with making currency with scissors, paper and rubber stamps. The experiment hopes to increase disaster preparedness, but also to get the community looking at the assets it already has, to stimulate the development of the local economy. Should other disasters strike, they will be better prepared.

Comment by Les Squires -- Webmaster on August 22, 2013 at 8:56pm

Alternative Currencies: A True Story 
from Ursita Films  

Early draft of a documentary featuring interviews with three experts in alternative currencies: Bernard Lietaer, author of The Future of Money and longtime proponent of complementary currencies, Edgar Cahn, founder of Timebanks USA, and Paul Glover, founder of Ithaca Hours. Produced by the Community Economies Research Group in Western MA.

Comment by Les Squires -- Webmaster on August 8, 2013 at 11:57am

Communities print their own currency to keep cash flowing

Comment by Les Squires -- Webmaster on August 8, 2013 at 11:55am

Communities print their own currency to keep cash flowing

Comment by Les Squires -- Webmaster on August 1, 2013 at 9:43am

Professor Jem Bendell introduces John Rogers at IFLAS

IFLAS - Institute for Leadership and Sustainability
Speeches from IFLAS evening on sustainable currencies with Tom Greco & John Rogers are now available online.

Jem Bendell introduces the keynote

Keynote by John Rogers, co-author of People Money

Keynote response by Tom Greco Jr, author of The End of Money

Info on our research and training programme on this topic:

Comment by Les Squires -- Webmaster on July 6, 2013 at 8:53pm

A promising currency pilot, the “SoNantes“, is soon to be launched in France’s fourth largest city, Nantes.

This local currency project is promoted by the city of Nantes and the inter-communal structure of Nantes Métropole, and is being implemented by the Credit Municipal de Nantes in the whole area of Greater Nantes.

Nantes’ currency will be in use within the 24 municipalities of the local conurbation. Its aims are to complement the Euro and to be an innovative tool, helping to promote exchanges between local economic stakeholders, thus contributing to the balanced development of the local area.

SoNantes was inspired by the WIR, the world’s most successful non-state currency system, which began as a cooperative in Switzerland in 1934. In 2010 the WIR was reported to have 60,000 business members, with a turnover of 1.627 billion WIR francs.

Read more

Helen Dew
LIVING ECONOMIES Educational Trust
Website & bookstore:
The economy is a wholly owned subsidiary of the environment

Comment by Les Squires -- Webmaster on June 21, 2013 at 9:23am

Rethinking Money -- Bernard Lietaer -- -- Note the 8 additional books in "Customers Who Bought This Item Also Bought" -- Lietaer, Hallsmith, Greco, Eisenstein, Hudson and Perkins.


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