Local Currency is a ‘Beautiful Initiative’
SOME PEOPLE SIT at home and fret about what to do about money during the lockdowns and “shelter at home” orders issued worldwide during the coronavirus pandemic. Others have taken their own initiatives. In Italy there are towns that decided people and businesses should be bailed out financially despite no such offer coming from the federal government. These towns simply issued their own bank notes.
Italy has already considered launching a parallel currency to the European Union euro currency now in circulation. The Italian government has been experiencing record debt levels,
