EconomyBeat Podcast #5: Local Currency Bucks the Dollar
November 12, 2009roman 6 Comments »
There are more than 150 cash strapped communities throughout the US that are making their own money. I mean that literally, they are printing their own currency to be used locally. The bad news is you can’t use it at Wal-Mart. The good news is you can’t use it at Wal-Mart. And surprisingly, this is not illegal. It’s all in an effort to keep money circulating exclusively in the local economy when the federal currency is too busy being locked up in a bank vault. From Washington DC, WAMU’s Rebecca Sheir has the story.
Podcast: Download (Duration: 8:46 — 6.1MB)
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April 22nd, 2010 at 9:14 am
[...] Podcast: Local currency bucks the dollar – cash-strapped communities throughout the U.S. make their own [...]
April 22nd, 2010 at 9:31 am
[...] Podcast: Local currency bucks the dollar – cash-strapped communities throughout the U.S. make their own [...]
April 22nd, 2010 at 1:18 pm
[...] Podcast: Local currency bucks the dollar – cash-strapped communities throughout the U.S. make their own [...]
April 26th, 2010 at 11:33 am
[...] Podcast: Local currency bucks the dollar – cash-strapped communities throughout the U.S. make their own [...]
April 27th, 2010 at 11:08 am
[...] Podcast: Local currency bucks the dollar – cash-strapped communities throughout the U.S. make their own [...]
April 28th, 2010 at 11:35 am
[...] Podcast: Local currency bucks the dollar – cash-strapped communities throughout the U.S. make their own [...]