As any 5 year old child knows, the best way to cure the economic crisis is obviously to print your own cash, thus further devaluing the cantralised banking system right? Right. (I mean, it worked for Germany in the 1930s didn’t it…) Luckily for those of us suffering because Americans couldn’t pay their mortgages, plenty of small US towns are stepping up to help us out by..you got it..printing their own cash!
According to estimates there are now around 75 seperate currencies in circulation around the country, from Ithaca Hours in NY to the ironically named Detroit Cheers.
In Detroit, where unemployment stands at 22 per cent, three businessmen are distributing more than $4,500 worth of Detroit Cheers for customers to spend in any of a dozen shops.”The world is just now reeling from economic chaos. In Detroit, that’s how we always roll,” Jerry Belanger, a local restaurateur and one of the trio, told the Detroit News.
Here at Electric Spectre we do business in used military goods, but it’s nice to know all those Dairy Queen vouchers we saved will be worth something in the future.
LINK (Telegraph)