Economy
Time Is Currency in Spain's Cities
With plenty of time, and no Euros, some Spaniards are putting hours in the bank.
In hundreds of Spanish cities, time is money.
The Guardian reported last week that there are tens of thousands of people in Spain participating in over 300 “time banks and alternative currency systems.” Locals rack up labor hours, deposit them with community organizations online or in person, and trade them to others for goods and services.