Alternative local currencies popping up around France. Notes.

Discussion in 'Currencies' started by Load of Bullion, Jan 16, 2014.

  1. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Tax avoidance is a very good reason for shutting down community currencies, though most of the closures seem to be initiated by banks, who really hate competition.

    Sad to say, a lot of them are directly convertible to legal tender so they suffer the same effects of inflation.
     

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