Comment: No Bristol notes

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lindalsalisbury's picture

No Bristol notes

will not be sent to the EU as Britian sends 50 million pounds a day. These notes will remain in Bristol, stimulating the Bristol economy. Every pound paid to Walmart or spent on the internet, etc. leaves town, never to be spent in Bristol again. Profits leaving town, is hard on small businesses (the job creaters), and on the towns via taxes, etc.

It is simular to the export/import theory. Goods coming in, money going out - wages paid to foreigners.

In this case, it will not curb inflation, but it will help stimulate the local economy, without printing new money. A step in the right direction.