WIR – Switzerland

The best documented modern example to show the effectiveness of implementing a dual-currency system by means of the adoption of a complementary currency to use in mixed payments in parallel with the national one comes form Switzerland. Back in 1934, a group of Swiss entrepreneurs agreed to use a means of payment issued by a Basel-based Economic Circle in parallel to the Swiss Franc in order to lubricate the wheels of local commerce and, eventually, re-emerge from the ashes of... Read More

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