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  1. #1
    Join Date
    Feb 2016
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    Canberra
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    Default A new idea (that's old) Money literally made of timber

    Here's one that's worth a read.

    Why a small town in Washington is printing its own currency during the pandemic


    "Why a small town in Washington is printing its own currency during the pandemic.

    In a bid to lessen the blow of COVID-19, the town of Tenino has started issuing its own wooden dollars that can only be spent at local businesses. Will it work? "

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  3. #2
    Join Date
    Dec 2003
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    lower eyre peninsular
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    74
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    3,580

    Default

    blo--- brilliant, what a clever chook he is.
    I would love to grow my own food, but I can not find bacon seeds

  4. #3
    Join Date
    Apr 2019
    Location
    NSW
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    38
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    1,132

    Default

    a long read so i didn't commit.

    someone in the comments had a good question, what happens with change? or does everything just get rounded up to $25

  5. #4
    Join Date
    May 2003
    Location
    Central Coast, NSW
    Posts
    3,330

    Default

    Quote Originally Posted by havabeer69 View Post
    a long read so i didn't commit.

    someone in the comments had a good question, what happens with change? or does everything just get rounded up to $25
    There is no reason the vendor wouldn’t give change in std American currency. The vendor is going to redeem the wooden notes for std American currency anyway. The wooden dollars would work alongside US dollars so you could pay for something in a mix of both and get change in US currency. The key to this is the wooden dollars can not be spent outside the town, so the Town Councils welfare support stays in the town. Clever idea.
    Apologies for unnoticed autocomplete errors.

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