Introducing a new local currency after an event

[Skean Dhude]

Grumpy,

That is not such a bad idea. Again it is having enough to actually use as a currency.

Gold, SIlver, etc. are tried and trusted methods but the problem in the UK is that hardly anyone has an amount of any size, plus we don't really now how to validate and value it. We could learn as the value would be different after an event.

One thought is to use ordinary currency but mark them up in a unique way first. So that they cannot easily be replaced. Perhaps something like Libyan currency that is worthless in real terms. Even monopoly money would be valid.

Another area I was looking at was promissory notes. IOUs in reality but again they come down to honesty and integrity.

I think we need an economist.