Uned (currency)
Encyclopedia
The Uned is a negative interest complementary currency
system proposed by the political and economic theorist Martin Davies
to stimulate economic activity in the moribund economy of Wales
.
Complementary currency
Complementary currency is a currency meant to be used as a complement to another currency, typically a national currency. Complementary currency is sometimes referred to as complementary community currency or as community currency...
system proposed by the political and economic theorist Martin Davies
Martin Wilding Davies
Martin Wilding Davies is a Welsh screenwriter, political theorist, and designer noted for his design of the Welsh street fashion label, The Red Dragonhood....
to stimulate economic activity in the moribund economy of Wales
Wales
Wales is a country that is part of the United Kingdom and the island of Great Britain, bordered by England to its east and the Atlantic Ocean and Irish Sea to its west. It has a population of three million, and a total area of 20,779 km²...
.