4 ms·
[deleted in shame]
by marcusverus 6y ago
[deleted in shame]
- pensatoio 6y agoThe article explains this. The business can convert the local notes to cash on a regular basis. The point is to give those in need a cash substitute that enables purchasing essentials locally. Seems like a great idea to me!
- matthewowen 6y agoThe article is very clear about this. The store can take the currency to the town government and redeem it for USD. They can then use that USD for restocking. The goal isn't some circulating currency: it's just a stimulus that has to be spent locally.