What good is Local Currency?

It encourages local people to buy locally - local currency can only be used to purchase goods and services within the borough of Calderdale. This keeps money in the community.

Goods that originate locally do not have to be shipped half way round the world, and pollution from transportation is therefore reduced. Locally-produced food does not need chemical preservatives to keep the produce fresh during protracted haulage.

A relationship between producer and customer is nurtured; if you know the person growing your food or making your cupboard personally, they are much less likely to rip you off.

As more businesses start to use alocal currency, you in turn will be able to buy more items with the currency, and the amounts of ‘money’ people have to spend on local goods and services will also grow.