This sounds ideal for the set up and financing of "Phyles"<http://p2pfoundation.net/Phyles> , by encouraging the remaining 1,7 Billion Euros worth of Peseta's to be invested and exchanged for regional currencies based on a Freigeld/Regio <http://en.wikipedia.org/wiki/Freigeld> architecture ? I imagine collaboration with existing cooperative approaches, enabling the set up and development of local businesses and community owned , operated and managed businesses, for their own consumption. It may even be combined with Landreform<http://en.wikipedia.org/wiki/Land_reform> towards Freiland ( possibly cooperative based ? ), especially in reclaimed ( abandoned ) spanish villages, or in municipalities such as Marinaleda ? http://en.wikipedia.org/wiki/Marinaleda,_Spain // http://en.wikipedia.org/wiki/Freiwirtschaft *Freiland<http://en.wikipedia.org/w/index.php?title=Freiland&action=edit&redlink=1> * (*free land*) - All land is owned by public institutions and can only be rented, not purchased (*see also Henry George<http://en.wikipedia.org/wiki/Henry_George> *). On Tue, Feb 14, 2012 at 10:07 PM, Dante-Gabryell Monson < [email protected]> wrote:

http://www.dailymail.co.uk/news/article-2100565/Spanish-village-goes-peseta-...

*"Spanish village goes back to peseta: Residents turn to old money they'd held on to"* * * - Thirty businesses have started using old currency - Spain estimated to have saved 1.7bn euros in pesetas

*"unlike other eurozone countries, pesetas can still be exchanged for euros at the Bank of Spain in Madrid where a deadline for turning in old money was never set."* * * * * note : Thanks to Topi for suggesting the article