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Inside Europe | 23.08.2008 | 15:05

Has a small town in England found a solution to the credit crunch?

Community to create local currency

The credit crunch and soaring oil prices are causing misery for consumers all over the world. The economic gloom has left governments and bankers floundering. But does a small town in England have the solution? The people of Lewes, in the southeast of the country, have come up with what they believe is a long term solution to both problems. They’re going to launch their very own local currency.

Report: Stephen Beard

 
 
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