Sorry, I couldn't find a topic about this with the search engine. A search for LETS brings you to let's a search for local exchange brings you to stock exchange, etc.
So what is the Austrian view or your view of local monies in the current economic climate? Are they valuable?
In Germany, 65 local currencies:
In Switzerland the nationwide WIR system is in place since almost 80 years:
About the Wörgl money:
I know there is already a big thread about Gesell but it's about Gesell (btw. what's the conclusion of that thread? It's TL;DR), not today's LETSes, WIR in the currect economic situation.
No one here!?
This is the most interesting thread I opened!
Another short instructional video on the topic by Paul Grignon, creator of Money as Debt:
(The gold hoarding part may or may not make sense.)
I'm not asking about Grignon's ideas in this post, it's just a video. I'm asking about the real world local monies out there.
Thanks for your insight Malachi, but I just don't understand what do you want to say. Anyone?