Bristol Introduces Local Currency: Reasons And Possible Consequences For British Pound

As reported by Market Leader (US)

Every independent state has its own national emblem, flag, hymn, traditions, language and currency. Without a currency it is difficult to imagine a country’s sovereignty. The authorities always prosecute those why try to forge money or introduce analogs (like the so-called “Mavres” introduced by Mavrody, the founder of the infamous international financial pyramids called “MMM”, “MMM-2011”, “MMM-2012”.

Bristol, a British city, has recently surprised the entire world by its decision to introduce an alternative currency – the Bristol Pound (http://bristolpound.org ). How did the Bank of England react to the event and what are the possible consequences of introducing the Bristol Pound?


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