Small river dams provide a wide range of economic, environmental and social benefits including recreation, flood control, water supply, water power, waste management and wildlife habitat.
Well, money in our economy, flows in and out of our community in the same way that a river will flow through a region on its way to the sea. If we create a ‘money dam’, we can gain more local benefits.
The rate of water entering and leaving a dam is the same as before it existed but the lake created allows more local benefits.
The conversion of £ into K£ literally creates a lake of money that can circulate locally so that they can be spent repeatedly to benefit our local community. In this way a local currency harnesses the normal flow of money making it work harder for our local community.