Detroit Community Scrip
Detroit Community Scrip, also called Detroit Cheers, is a local currency in Detroit, Michigan. Modeled upon the local scrip that were used during the Great Depression, it is being used to restore local economic confidence. The Cheers are backed by US currency and are fully exchangeable for an equal amount of U.S. dollars, backed by several Detroit businesses. There are currently $4,500 worth of cheers in circulation. Businesses can sign up to be issuers and print scrip after depositing a matching amount in U.S. dollars and then be entitled to print Cheers. More than 25 businesses have signed up to accept Cheers, but many others informally accept them.
Wikipage redirect
primaryTopic
Detroit Community Scrip
Detroit Community Scrip, also called Detroit Cheers, is a local currency in Detroit, Michigan. Modeled upon the local scrip that were used during the Great Depression, it is being used to restore local economic confidence. The Cheers are backed by US currency and are fully exchangeable for an equal amount of U.S. dollars, backed by several Detroit businesses. There are currently $4,500 worth of cheers in circulation. Businesses can sign up to be issuers and print scrip after depositing a matching amount in U.S. dollars and then be entitled to print Cheers. More than 25 businesses have signed up to accept Cheers, but many others informally accept them.
has abstract
Detroit Community Scrip, also ...... others informally accept them.
@en
using country
Wikipage page ID
22,778,601
Wikipage revision ID
743,440,340
frequently used banknotes
image title
Detroit Community Scrip, 3 Cheers.
inflation source date
The World Factbook , 2010 est.
issuing authority
Detroit Cheers Governing Board
Nickname
pegged by
hypernym
comment
Detroit Community Scrip, also ...... others informally accept them.
@en
label
Detroit Community Scrip
@en