View single post by Joe Kelley
 Posted: Wed Apr 8th, 2009 11:45 am
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Joe Kelley

 

Joined: Mon Nov 21st, 2005
Location: California USA
Posts: 6399
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Mana: 
http://www.usatoday.com/money/economy/2009-04-05-scrip_N.htm

quote:

A small but growing number of cash-strapped communities are printing their own money.
Borrowing from a Depression-era idea, they are aiming to help consumers make ends meet and support struggling local businesses.


A history lesson is in order?

http://www.globalideasbank.org/site/bank/idea.php?ideaId=904

quote:

'The small town of Worgl in the Austrian Tyrol, suffering like every other town in Europe and America from the Great Depression, took the unlikely step of issuing its own currency'


http://www.perfecteconomy.com/pg-parable-of-perfect-economy.html

quote:

"We would have gladly borne the little tax on tea and other matters, had it not been that they took from us our money, which created great unemployment and dissatisfaction. Within a year, the poor houses were filled. The hungry and homeless walked the streets everywhere."