Editing Local currency (section)

==Difficulties and criticisms==

Local currencies and the [[Transition Towns]] movement in the UK have been criticized for failing to address the needs of the wider population, especially lower socio-economic groups.<ref name="lewes">{{cite news|author=Jamie Doward and Naomi Loomes |url=https://www.theguardian.com/business/2008/aug/17/currencies.britishidentity |title=Lewes, the proud town that is printing its own money |newspaper=Guardian |date= 2008-08-17|access-date=2010-08-14 | location=London}}</ref> Such local currency initiatives have been more widely criticized as having limited success in stimulating spending in local economies, and as an unrealistic strategy to reduce carbon emissions.<ref>{{Cite web|url=https://slate.com/culture/2008/05/do-local-currencies-really-help-the-communities-that-use-them.html|title=Do "local currencies" really help the communities that use them?|first=Tim|last=Harford|date=May 3, 2008|website=Slate Magazine}}</ref>