Hmmm...

Need money? Print your own!

http://www.usatoday.com/money/economy/2009-04-05-scrip_N.htm?poe=HFMostPopular

This article in USAToday explains this town which is printing its own money! This can't be possible right? Well it is, because they are creating their own currency. Locals buy the currency for say 90 cents and get a full dollar value at whichever stores accept it. Now technically I can see how this would encourage spending and growth in local markets. But my gut instinct it that it would have serious ramifications. After all, this is the type of thing that was pulled in the depression...

In a way, it is like gold, except with Gold we are the ones probably getting screwed. We use it only at local bethlehem places, who obviously make their prices a bit more expensive so they get more profit as does the school. My question is what this will do to the dollar...this whole printing your own currency thing? And this is something I would not have ever thought of so when the media and mainstream papers give it serious attention...is it going to give other small towns the same idea? Therefor causing even more of an economic problem?