brian shrader: blog 
brian shrader's blog
depression scrip
Published Jul. 2, 2008It's bad out there for a lot of people, but it's nothing like the Great Depression.
Unemployment is about 5 percent today, which a lot of economists would say is "full" employment or darn near close. In November 1933, the unemployment rate reached 23 percent.
We also were fighting severe deflation back then, and a lot of communities created their own local currencies. Click here for DepressionScrip.com, which shows some of those local currencies. Click on "United States" to see some of North Carolina's Depression-era local currencies, including some from Fayetteville, Carthage and Guilford County.
close7 Comments
(4 votes) 'booms' reported in clayton, wendell
(1 votes) the fan zone: game blog: late duke td called back by penalty, devils lose to northwestern 24-20.
(1 votes) northwestern holds off duke 24-20
(1 votes) cary police say woman's death was murder
Welcome to GOLO, where WRAL.com visitors can comment on stories and create profile pages, blogs and photo galleries.
You must be a registered WRAL.com user to use these tools. Click here to register or log in.
Thank you for the comment on the Golo blog, it was a pleasure meeting you! Maybe we'll have some BBQ one day.
GOLO member since July 2, 2007
July 2, 2008 10:56 a.m.
Didn't know there is still 'local currency' being used in this day and time.(Berkshares in Mass.) Interesting.
GOLO member since December 16, 2007
July 2, 2008 10:09 a.m.
GOLO member since January 3, 2008
July 2, 2008 10:04 a.m.
GOLO member since June 20, 2008
July 2, 2008 9:57 a.m.
GOLO member since October 18, 2007
July 2, 2008 9:54 a.m.
GOLO member since July 2, 2007
July 2, 2008 9:46 a.m.
GOLO member since October 25, 2007
July 2, 2008 9:46 a.m.
Please log in to add comment.