Meet The Mayor Who Printed His Own Currency To Fight The Virus
Podcast |
Odd Lots
Publisher |
Bloomberg
Media Type |
audio
Categories Via RSS |
Business
Business News
Investing
News
News Commentary
Publication Date |
Jul 20, 2020
Episode Duration |
00:32:19

With the virus crushing economic activity, local governments have had to cut spending and rely on Federal support in order to maintain basic services. But one town in Washington is also trying something else. Tenino, Washington has printed its own wooden currency to stimulate activity, and help out its residents and businesses that have been hit by the crisis. On this episode, we speak with Mayor Wayne Fournier about how he got the idea, how it’s going, and what he plans to do next.

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