Some communities are printing their own "money" to encourage shopping. The special money is sold at a discount but can be spent for full value. Cities in Michigan, New York, North Carolina, and Massachusetts are trying this to encourage folks to buy from local stores. It's an idea first tried in the Great Depression. Although the bills cannot look like federal money or claim to be "legal tender," they interest collectors who specialize in alternative types of money--like wooden nickels or even trade beads.
Wednesday, April 22, 2009
NEW COLLECTIBLE FOR NUMISMATISTS
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Check out Newberry South Carolina where "Berry Bucks" are welcomed at local merchants. Newberry Downtown Merchants Association
During the darkest part of the Great Depression the bankrupt City of Detroit, Michigan, (my home town) paid its employees, including school employees, with City "Scrip". It was good with whomever would accept it for goods or service, and for a few years worked almost as well as federal currency. It was a great exanmple of a community trusting itself to recover and survive.
Jack
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