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(Fox 5 New York)   "The blue-cheese salad dressing, butter, ground turkey, cans of grain-free dog food, and new toothbrush came to $24.97. Laurie Mahlenbrei handed the cashier a slice of wood marked $25 and walked out with her items in plastic grocery bags"   (fox5ny.com) divider line
    More: Interesting, Great Depression, Capitalism, Federal Reserve System, Business cycle, 1930s, first transactions, wooden currency, turn of the 20th century  
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7730 clicks; posted to Main » on 09 Jul 2020 at 5:20 PM (16 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2020-07-09 6:53:51 PM  

alex10294: I think this may actually be illegal, unless they had a depression exemption that never got revoked. How can you have sales tax on something paid for with wood?  Pay the tax in splinters?  Is the $300 taxable income?  If they sell it for more or less do they have to report the profit?  Cool idea though.


are gift cards illegal?
 
2020-07-09 6:54:27 PM  

fragMasterFlash: Does the ladies at the local gentlemen's club trade woodies for woodbux?


Are you asking for a friend?
 
2020-07-09 6:54:52 PM  

the voice of raisin: Tom_Slick: This is the perfect public private partnership, City prints it's own money, store accepts it, can get $25 from the city or sell it to Coin Collectors for more, making the city spend less.

what's the difference if the county, state or federal govt prints the money.  can the store do the same thing?


yeah it's called a coupon or gift certificate
 
2020-07-09 6:55:16 PM  
Barkcoin?
 
2020-07-09 6:55:26 PM  

Abe Vigoda's Ghost: alex10294: I think this may actually be illegal, unless they had a depression exemption that never got revoked. How can you have sales tax on something paid for with wood?  Pay the tax in splinters?  Is the $300 taxable income?  If they sell it for more or less do they have to report the profit?  Cool idea though.

Not illegal. It's still backed by US currency, and not printed on it that it's legal tender.

Think Disney dollars, but being used in a small town instead of a Disney Park.


It is basically local barter system. Nothing says you have to exchange everything for monetary compensation.  If you want to trade for a block of wood, that is your business.  The fact that the city is saying those blocks of wood have a currency value is nice, but it could change at a moments notice. I would hammer that wood ASAP so you didn't get caught with something worth less than the goods or services.
 
2020-07-09 7:19:13 PM  

the voice of raisin: Tom_Slick: This is the perfect public private partnership, City prints it's own money, store accepts it, can get $25 from the city or sell it to Coin Collectors for more, making the city spend less.

what's the difference if the county, state or federal govt prints the money.  can the store do the same thing?


Stores all ready do that in the form of gift certificates. All I'm saying everybody wins in this situation
 
2020-07-09 7:21:15 PM  

Geotpf: Isitoveryet: plastic grocery bag? what year is it!?

2020.

In California, it appears part of the Coronavirus mitigation stuff the governor ordered is to do a 180 and ban reusable plastic bags.  I think the whole proposition mandating such (prop 67) is now on hold.  What it did was require plastic bags to be both sold for a dime, and for them to be a certain thickness.  They've stopped charging them, and they've gone back to the thinner ones.


Up here they kept the thicker ones and went back to charging for them a week ago. If you bring your own you have to bag 'em yourself...
 
2020-07-09 7:30:01 PM  

Abe Vigoda's Ghost: alex10294: I think this may actually be illegal, unless they had a depression exemption that never got revoked. How can you have sales tax on something paid for with wood?  Pay the tax in splinters?  Is the $300 taxable income?  If they sell it for more or less do they have to report the profit?  Cool idea though.

Not illegal. It's still backed by US currency, and not printed on it that it's legal tender.

Think Disney dollars, but being used in a small town instead of a Disney Park.


Notes in the UK work that way. Look at the writing at the top.
cash4coins.co.ukView Full Size


That, strictly speaking, isn't five pounds in the way that five £1 coins issued by the Royal Mint are. It's an open cheque issued by the Bank of England with a promise to exchange it for five pounds in state-issued coins. For all practical uses it is money and is routinely used as such.

Scottish and Northern Irish notes add another layer of complexity, as they're much the same except they're backed by vaults of special, extremely high denomination Bank of England notes kept in vaults in the bank in London.

/don't get me started on trying to spend Scottish or Northern Irish money in England
 
2020-07-09 7:33:16 PM  
I don't mean to be that guy, but isn't there a better source for this than a NY Fox affiliate that cuts off the last third of the story?


/Crap, I guess I DO want to be that guy....
 
2020-07-09 7:36:22 PM  

Abe Vigoda's Ghost: alex10294: I think this may actually be illegal, unless they had a depression exemption that never got revoked. How can you have sales tax on something paid for with wood?  Pay the tax in splinters?  Is the $300 taxable income?  If they sell it for more or less do they have to report the profit?  Cool idea though.

Not illegal. It's still backed by US currency, and not printed on it that it's legal tender.

Think Disney dollars, but being used in a small town instead of a Disney Park.


or chips in a casino?
 
2020-07-09 7:38:11 PM  
What? Where's my change?
 
2020-07-09 7:49:43 PM  
It's legal as long as it is not used for payroll and as long as the businesses accept US money as well. It is paying people in scrip that is specifically banned and that is a Dept of Labor issue not a Dept of the Treasury issue
 
2020-07-09 7:53:47 PM  

SirDigbyChickenCaesar: the voice of raisin: Tom_Slick: This is the perfect public private partnership, City prints it's own money, store accepts it, can get $25 from the city or sell it to Coin Collectors for more, making the city spend less.

what's the difference if the county, state or federal govt prints the money.  can the store do the same thing?

yeah it's called a coupon or gift certificate


coupons and gift certificates are usually offered by private entities with an explicit "no cash value" printed on it as well as usually an expiration date.

this is just local money.  the city govt didn't want anybody spending the money outside of town, or they would have just cut checks for everyone.
 
2020-07-09 7:54:32 PM  

Gordon Bennett: Abe Vigoda's Ghost: alex10294: I think this may actually be illegal, unless they had a depression exemption that never got revoked. How can you have sales tax on something paid for with wood?  Pay the tax in splinters?  Is the $300 taxable income?  If they sell it for more or less do they have to report the profit?  Cool idea though.

Not illegal. It's still backed by US currency, and not printed on it that it's legal tender.

Think Disney dollars, but being used in a small town instead of a Disney Park.

Notes in the UK work that way. Look at the writing at the top.
[cash4coins.co.uk image 850x432]


And you have to be very careful, or you can make her madge very sad D:

66.media.tumblr.comView Full Size
 
2020-07-09 7:55:37 PM  
img.ifunny.coView Full Size
 
Al!
2020-07-09 7:57:18 PM  

alex10294: I think this may actually be illegal, unless they had a depression exemption that never got revoked. How can you have sales tax on something paid for with wood?  Pay the tax in splinters?  Is the $300 taxable income?  If they sell it for more or less do they have to report the profit?  Cool idea though.


It's not illegal.  If they were printing US dollars, that would be illegal.  If they were trying to pass off the wooden cash as US dollars, that would be illegal.

How can you have sales tax on something paid for with wood?  You have to be trolling.  The answer is "the same way you can have a sales tax on something paid for with a debit card or cash."
 
2020-07-09 8:08:21 PM  

the voice of raisin: SirDigbyChickenCaesar: the voice of raisin: Tom_Slick: This is the perfect public private partnership, City prints it's own money, store accepts it, can get $25 from the city or sell it to Coin Collectors for more, making the city spend less.

what's the difference if the county, state or federal govt prints the money.  can the store do the same thing?

yeah it's called a coupon or gift certificate

coupons and gift certificates are usually offered by private entities with an explicit "no cash value" printed on it as well as usually an expiration date.

this is just local money.  the city govt didn't want anybody spending the money outside of town, or they would have just cut checks for everyone.


Yes just like a company printing a coupon that is only good for their store.
 
2020-07-09 8:12:36 PM  

Some Junkie Cosmonaut: AbuHashish: Isitoveryet: plastic grocery bag? what year is it!?

Despite the bans, a lot of stores have gone back to using them. I get them at Safeway every trip.

See them in Cali a lot still.  We don't take them, as we have our own bags and boxes - they just put shiat back in the cart and we put them in the bags etc. when we get to the car, but yeah they're commonly available now that the pandemic has hit.  Stores don't want to have to interact with containers that've  been sitting in your house/car getting gods know what all over them - and rightfully so.

/why the heck doesn't spell check recognize that've?
//sorry but that's been common speech for a long time
///seems about on par with trying to push no prepositions at the end of a sentence


Prepositions at the end of sentences often sound weird.  I can understand what is being said, but they just sound bad.   Like, "where are you at?". I've never understood the need.  This is t something that makes me lose sleep, though.
 
2020-07-09 8:21:55 PM  
As long as they are not claiming that they are legal tender outside that town, and only use of them as a local form of barter exchange, I doubt that the Secret Service is going to show up asking them to knock that shiat off. They have enough problems with various countries counterfeiting the $1 bill and the old $20 bill (yes, counterfeiting the $1 bill has become a thing these days, since it has not undergone the massive changes all the other bills have gone through, and counterfeiting the old $20 bill rather than the old $100 bill makes more sense, since there a lot more of the old $20 bills floating around than the old $100 bill).
 
2020-07-09 8:24:36 PM  

Foolkiller: What? Where's my change?


Fark user imageView Full Size
 
2020-07-09 8:32:00 PM  

stray_capts: Some Junkie Cosmonaut: AbuHashish: Isitoveryet: plastic grocery bag? what year is it!?

Despite the bans, a lot of stores have gone back to using them. I get them at Safeway every trip.

See them in Cali a lot still.  We don't take them, as we have our own bags and boxes - they just put shiat back in the cart and we put them in the bags etc. when we get to the car, but yeah they're commonly available now that the pandemic has hit.  Stores don't want to have to interact with containers that've  been sitting in your house/car getting gods know what all over them - and rightfully so.

/why the heck doesn't spell check recognize that've?
//sorry but that's been common speech for a long time
///seems about on par with trying to push no prepositions at the end of a sentence

Prepositions at the end of sentences often sound weird.  I can understand what is being said, but they just sound bad.   Like, "where are you at?". I've never understood the need.  This is t something that makes me lose sleep, though.



The "at" is redundant there, whether it's at the end or not. It should just be "Where are you?"

Better example:

"Which vending machine did you put your wooden nickel into?"
vs
"Into which vending machine did you put your wooden nickel?"

/especially if spoken, many would find the second version needlessly awkward/pretentious
 
2020-07-09 9:32:25 PM  

SirDigbyChickenCaesar: alex10294: I think this may actually be illegal, unless they had a depression exemption that never got revoked. How can you have sales tax on something paid for with wood?  Pay the tax in splinters?  Is the $300 taxable income?  If they sell it for more or less do they have to report the profit?  Cool idea though.

are gift cards illegal?


Gift cards are Visa, trackable, or store specific and taxable. You also spend money when you buy them.  This is more like private script.  I can't just make some "Alex dollars", pay people with them, then say that I'll give cash on presentation for them.
 
2020-07-09 9:47:40 PM  

alex10294: SirDigbyChickenCaesar: alex10294: I think this may actually be illegal, unless they had a depression exemption that never got revoked. How can you have sales tax on something paid for with wood?  Pay the tax in splinters?  Is the $300 taxable income?  If they sell it for more or less do they have to report the profit?  Cool idea though.

are gift cards illegal?

Gift cards are Visa, trackable, or store specific and taxable. You also spend money when you buy them.  This is more like private script.  I can't just make some "Alex dollars", pay people with them, then say that I'll give cash on presentation for them.


You can, as long as people are willing to accept them in trade. The artist J.S.G. Boggs did exactly that.

Fark user imageView Full Size


He offered his artwork in trade for the amount drawn on it. Those familiar with him and his work happily took them as they could be easily sold to art collectors for far more than what was paid for them in trade.

Mind you, he did get in some legal trouble over these as he faced a few accusations of counterfeiting, but was never convicted.
 
2020-07-09 10:26:12 PM  
That's one weird casserole.
 
2020-07-09 10:27:32 PM  

baronbloodbath: [Fark user image 425x266]

What's the Norton Bucks to Tenino Covid Cash exchange rate?


Good old Emperor Norton.  Insanity didn't stop him from achieving.
 
2020-07-09 10:35:24 PM  

Road_King: baronbloodbath: [Fark user image 425x266]

What's the Norton Bucks to Tenino Covid Cash exchange rate?

Good old Emperor Norton.  Insanity didn't stop him from achieving.


Adjusted for inflation, Emperor Norton's money is now worth about 500 times face value, adjusted for inflation.

A solid investment.

If I ever go back in time, I'm buying a few hundred dollars of Norton bucks and will become a gazillionaire.
 
2020-07-09 10:41:13 PM  

chitownmike: Some Junkie Cosmonaut: why the heck doesn't spell check recognize that've?
//sorry but that's been common speech for a long time

Common speech and proper grammar are two different things


Correct, but proper grammar also needs to eventually bow to popular speech - otherwise it becomes irrelevant.  Since "that've" doesn't actually break any rules, it seems rather pointless to pretend it does not exist.  Thus the preposition position petition intermission ;p

/they both are, "Because someone figured it just didn't sound right by crackie!" rather than being exclusions based on in-use grammatical rules
 
2020-07-09 10:52:43 PM  
Money that expires is good in this situation. So is money that can only be spent locally. It would different if people had to work for it.
 
2020-07-09 11:08:33 PM  

Abe Vigoda's Ghost: Foolkiller: What? Where's my change?

[Fark user image image 300x374]


That deserved way more funnies
 
2020-07-09 11:16:58 PM  
Fark user imageView Full Size
 
2020-07-09 11:55:15 PM  
Gotta admire the sheer gumption of any town that simply decides "if the federal government won't institute the UBI necessary to get through Depression II, we'll just farking well do it ourselves like we did for Depression I."
 
2020-07-10 12:18:10 AM  

alex10294: SirDigbyChickenCaesar: alex10294: I think this may actually be illegal, unless they had a depression exemption that never got revoked. How can you have sales tax on something paid for with wood?  Pay the tax in splinters?  Is the $300 taxable income?  If they sell it for more or less do they have to report the profit?  Cool idea though.

are gift cards illegal?

Gift cards are Visa, trackable, or store specific and taxable. You also spend money when you buy them.  This is more like private script.  I can't just make some "Alex dollars", pay people with them, then say that I'll give cash on presentation for them.


Why not? If your "Alex dollars" are (a) not metal coins and (b) not so similar to US notes as to invite counterfeiting charges, what law would you be breaking by issuing them?
 
2020-07-10 12:57:34 AM  

stray_capts: Some Junkie Cosmonaut: AbuHashish: Isitoveryet: plastic grocery bag? what year is it!?

Despite the bans, a lot of stores have gone back to using them. I get them at Safeway every trip.

See them in Cali a lot still.  We don't take them, as we have our own bags and boxes - they just put shiat back in the cart and we put them in the bags etc. when we get to the car, but yeah they're commonly available now that the pandemic has hit.  Stores don't want to have to interact with containers that've  been sitting in your house/car getting gods know what all over them - and rightfully so.

/why the heck doesn't spell check recognize that've?
//sorry but that's been common speech for a long time
///seems about on par with trying to push no prepositions at the end of a sentence

Prepositions at the end of sentences often sound weird.  I can understand what is being said, but they just sound bad.   Like, "where are you at?". I've never understood the need.  This is t something that makes me lose sleep, though.


That one is even worse as the preposition is completely redundant.
 
2020-07-10 1:14:12 AM  

AbuHashish: WilderKWight: They reopened the strip club, but had to close again when the strippers all ended up with severe splinters and minor concussions.

Just throw sawdust at them.


The HJs in that place's VIP room would be horrible
 
2020-07-10 1:33:23 AM  

fragMasterFlash: Does the ladies at the local gentlemen's club trade woodies for woodbux?


Fark user imageView Full Size


A strip joint in Des Moines, Iowa.  They don't take wooden money, they don't want splinters.
 
2020-07-10 1:49:38 AM  

AbuHashish: I swear, this is the most press I've seen Tenino get in the 25 years I've lived in Washington.


Hope it doesn't go to their heads and make 'em all cosmopolitan like Yelm.
 
2020-07-10 1:53:05 AM  
Dang! First thing I thought was I'd pay a merchant $25 for one of these tokens just to have one.  Keeps reading...others have thought the same and will pay more.
 
2020-07-10 2:34:41 AM  

alex10294: I think this may actually be illegal, unless they had a depression exemption that never got revoked. How can you have sales tax on something paid for with wood?  Pay the tax in splinters?  Is the $300 taxable income?  If they sell it for more or less do they have to report the profit?  Cool idea though.


It's not a currency, but rather a town issued bearer coupon backed by an agreement from local retailers. The bearer doesn't actually buy anything, the town does, and yes it pays tax.
 
2020-07-10 2:39:36 AM  

ukexpat: stray_capts: Some Junkie Cosmonaut: AbuHashish: Isitoveryet: plastic grocery bag? what year is it!?

Despite the bans, a lot of stores have gone back to using them. I get them at Safeway every trip.

See them in Cali a lot still.  We don't take them, as we have our own bags and boxes - they just put shiat back in the cart and we put them in the bags etc. when we get to the car, but yeah they're commonly available now that the pandemic has hit.  Stores don't want to have to interact with containers that've  been sitting in your house/car getting gods know what all over them - and rightfully so.

/why the heck doesn't spell check recognize that've?
//sorry but that's been common speech for a long time
///seems about on par with trying to push no prepositions at the end of a sentence

Prepositions at the end of sentences often sound weird.  I can understand what is being said, but they just sound bad.   Like, "where are you at?". I've never understood the need.  This is t something that makes me lose sleep, though.

That one is even worse as the preposition is completely redundant.


Only at the end of a sentence though.  "Where are you at?" is a useful construction when inquiring about progress on something.  "Where are you with the Tate Project?" will usually get you a general summation - "Where are you at on the Tate Project?" is generally understood as a "What step in the process of getting the project done are you on?"
 
2020-07-10 7:50:54 AM  

alex10294: SirDigbyChickenCaesar: alex10294: I think this may actually be illegal, unless they had a depression exemption that never got revoked. How can you have sales tax on something paid for with wood?  Pay the tax in splinters?  Is the $300 taxable income?  If they sell it for more or less do they have to report the profit?  Cool idea though.

are gift cards illegal?

Gift cards are Visa, trackable, or store specific and taxable. You also spend money when you buy them.  This is more like private script.  I can't just make some "Alex dollars", pay people with them, then say that I'll give cash on presentation for them.


Sure you can, if they agree to accept them. If I owe you 20 bucks and I only have a $20 Amazon gift card, if you accept the card for the $20, debt paid.
 
2020-07-10 1:28:51 PM  

Some Junkie Cosmonaut: ukexpat: stray_capts: Some Junkie Cosmonaut: AbuHashish: Isitoveryet: plastic grocery bag? what year is it!?

Despite the bans, a lot of stores have gone back to using them. I get them at Safeway every trip.

See them in Cali a lot still.  We don't take them, as we have our own bags and boxes - they just put shiat back in the cart and we put them in the bags etc. when we get to the car, but yeah they're commonly available now that the pandemic has hit.  Stores don't want to have to interact with containers that've  been sitting in your house/car getting gods know what all over them - and rightfully so.

/why the heck doesn't spell check recognize that've?
//sorry but that's been common speech for a long time
///seems about on par with trying to push no prepositions at the end of a sentence

Prepositions at the end of sentences often sound weird.  I can understand what is being said, but they just sound bad.   Like, "where are you at?". I've never understood the need.  This is t something that makes me lose sleep, though.

That one is even worse as the preposition is completely redundant.

Only at the end of a sentence though.  "Where are you at?" is a useful construction when inquiring about progress on something.  "Where are you with the Tate Project?" will usually get you a general summation - "Where are you at on the Tate Project?" is generally understood as a "What step in the process of getting the project done are you on?"


In that context, yes. But "where are you at?" as a request to state one's location is an abomination.
 
Al!
2020-07-11 2:19:45 AM  

ukexpat: Some Junkie Cosmonaut: ukexpat: stray_capts: Some Junkie Cosmonaut: AbuHashish: Isitoveryet: plastic grocery bag? what year is it!?

Despite the bans, a lot of stores have gone back to using them. I get them at Safeway every trip.

See them in Cali a lot still.  We don't take them, as we have our own bags and boxes - they just put shiat back in the cart and we put them in the bags etc. when we get to the car, but yeah they're commonly available now that the pandemic has hit.  Stores don't want to have to interact with containers that've  been sitting in your house/car getting gods know what all over them - and rightfully so.

/why the heck doesn't spell check recognize that've?
//sorry but that's been common speech for a long time
///seems about on par with trying to push no prepositions at the end of a sentence

Prepositions at the end of sentences often sound weird.  I can understand what is being said, but they just sound bad.   Like, "where are you at?". I've never understood the need.  This is t something that makes me lose sleep, though.

That one is even worse as the preposition is completely redundant.

Only at the end of a sentence though.  "Where are you at?" is a useful construction when inquiring about progress on something.  "Where are you with the Tate Project?" will usually get you a general summation - "Where are you at on the Tate Project?" is generally understood as a "What step in the process of getting the project done are you on?"

In that context, yes. But "where are you at?" as a request to state one's location is an abomination.


I say "wayyat?"  It works way better verbally than over text.
 
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