Local Currency Research Notes
Exchange mechanisms between small and large economies, worked from theory through to a runnable, interactive village-currency model.
The theory and historical mechanisms (gold standard, CFA franc, WIR Bank, Chiemgauer, Wörgl), ending in the model specified in §5.
Book summaryEdwards & Ahamed (1986) — the NBER volume the working paper builds on.
Simulation resultsCharts from executing §5's Algorithm 1 against its own three hypotheses — data served live from the sim container.
Sliders and switches for every model parameter, with live reserve, exchange-rate, money-supply and velocity charts.
Interactive · live plumbing viewThe same model played out day by day as a water system — a pond of village money, a reservoir at the junction, and a sluice gate that throttles outflow under pressure instead of letting the reservoir run dry.