Some cities are launching their own currency to boost local business

The video discusses the concept of local currencies, using Lewis in Sussex as an example. Local currencies like the Lewis Pound aim to keep money within the local economy by acting as vouchers for local businesses. They are seen as environmentally friendly and a counter to globalization. The video also explores the potential for local currencies in larger cities like Birmingham, highlighting the success of the Bristol Pound. The idea aligns with regionalism and localism, suggesting it could be a popular political move.

What is the purpose of the Lewis Pound as described in the text?

How do local currencies like the Lewis Pound benefit the local economy?

What are some examples of other places that have implemented local currencies?

What challenges might a local currency face in a large city like Birmingham?

What sentiment is expressed regarding globalization in the text?