Another one of these nef schemes.
Despite the naysayers, Mundy hopes hundreds of thousands of Bristol pounds will be traded in its first year, increasing to \”double figures of millions\” by the third.
A quick look around tells me that population of Bristol is 400k, average GDP per capita £23k, making city GDP (umm, GDA perhaps?) £9 billion. Double figures of millions, let\’s say £20 million shall we?
The aim therefore is to have 0.2% of area GDP transacted by the new Bristol pound.
Gosh, that\’ll make a difference, eh?