pound sterling is the type of currency used in london england.
pound sterling is the type of currency used in london england.
what type of currency is used in london england?
pound sterling
unique currencies used by local economies are often backed by a national currency. totnes, england is a town that began using the totnes pound in 2010. "the totnes pound is backed by the british pound sterling at a one-to-one ratio." the idea behind using a unique, local currency is to keep money flowing through the community while preventing money from leaving or relying on money to enter the community. this allows a community to become self-sufficient, have enough funds to create an energy source for the community to use, and eliminate transportation costs for bringing products into the community. a large reason totnes wants to become self-sufficient is to decrease its dependence on the use of oil. the town believes that it is better off in the long run if it is able to operate without relying an oil, which is a finite resource. multiple towns have followed in totnes' footsteps and established a local currency. brixton, stroud, bristol, and exeter are towns in england that have established currencies of their own. a few towns in the united states have also adopted unique currencies. berkshire, massachusetts and ithaca, new york have implemented massachusetts berkshares and the hour, respectively. while a berkshare is worth $.95 us dollars, the hour is not convertible to us dollars or any other type of national currency. a british quaker colony in pennsylvania created and used the pennsylvania pound in the 18th century, but fiscal localism failed for the colony and the currency was abandoned. lorenzo fioramonti, director of the centre for the study of governance innovation at the university of pretoria in south africa, believes that the european union would be more stable if it used multiple local currencies combined with a "digital euro".
fiscal localism
bullet::::- admiralty, great britain (april 1920). "flag officers in commission". navy list. london england: hm stationery office.









































bullet::::- admiralty, great britain (january 1921). "flag officers in commission". navy list. london england: hm stationery office.









































bullet::::- admiralty, great britain (january 1923). "flag officers in commission". navy list. london england: hm stationery office.









































bullet::::- admiralty, great britain (july 1924). "flag officers in commission". navy list. london england: hm stationery office.









































bullet::::- herwig, holger h. (2014). the first world war: germany and austria-hungary 1914-1918. london england: a&c black. .









































bullet::::- imperial war museums (1919). greenwich, london, england: imperial war museums uk.
danube flotilla (royal navy)