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| Script instead of Euros for charity and status? |
| 2007-01-24 |
| Posted by:3dc |
| #6 This is pretty interesting stuff. I came across this a few days ago and did some research. Ended up updating the Wikipedia page on the Chiemgauer and some other related pages. It turns out that there's a close link between this kind of scrip and gift cards. A fairly unique feature of the Chiemgauer is it depreciates 2% per quarter. Besides encouraging expenditure in the Chiemgau, the velocity of this scrip is high because of the depreciation. Note that some gift cards also depreciate (though that's not allowed here in Massachusetts). Wikipedia: Chiemgauer Chiemgauer website (in German) Berkshares |
| Posted by: KBK 2007-01-24 21:35 |
| #5 Betcha they'd take a US dollar. |
| Posted by: Procopius2k 2007-01-24 19:37 |
| #4 What's for Dinar? I crack myself up someitmes! |
| Posted by: Cyber Sarge 2007-01-24 16:47 |
| #3 Sounds like counterfeiters heaven. |
| Posted by: DoDo 2007-01-24 15:09 |
| #2 Sounds like a way to get out of paying the 20% VAT. May not be so humanitarian after all. |
| Posted by: ed 2007-01-24 14:18 |
| #1 Heck, it's all going to be dinars soon enough. |
| Posted by: Excalibur 2007-01-24 14:05 |