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Chippendale's local currency

Folks in Chippendale, home  of the Food for the Future Fair, have decided to issue their own currency. This fascinating initiative means that money stays in the local economy and benefits local businesses and residents. The interesting thing is the currency devalues over time (just like the Aussie Dollar!) so it encourages spending.

Via Life in Chippendale Blog and live local member Teljya (thanks!)

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