Communities print their own currency to keep cash flowing

Discussion in 'Current Events' started by Angel Heart, Apr 7, 2009.

  1. Angel Heart
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    Angel Heart Conservative Hippie

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    Communities print their own currency to keep cash flowing - USATODAY.com

     
  2. p kirkes
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    p kirkes VIP Member

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  3. editec
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    editec Mr. Forgot-it-All

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    They're paying for groceries with local currencies?

    I rather doubt that.

    How does the grocer pay for his shipments?

    With local currency?

    It's a swell idea but it won't work.
     
  4. oreo
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    oreo Gold Member Supporting Member

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    It does work--this happened in the depression of the 1930's, in fact the Mexican peso was tradeable currency along our southern borders. Not only that but a lot of bartering went on. You could take your chickens to the store, they would give you a receipt I.E. (money) to buy things you needed.

    It's just kind of hard to believe that some towns are in this bad of shape right now. Hopefully things turn for the better & soon.
     

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