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News Link • Economy - Economics USA

'Banks' allow members to pay with time, not cash

• AP

That's what Maria Villacreses did when the economy put a hitch in her wedding plans: She used "time dollars" on everything from a wedding-day makeover to an elaborate seven-layer cake.

In a modern twist on the ancient practice of barter, people like Villacreses are joining time banks to help them get the things they need or want without having to spend cash.

 

2 Comments in Response to

Comment by Tom Westbrook
Entered on:

Where is the Time Bank in AZ?

Comment by Found Zero
Entered on:

Well I guess the IRS is gonna have to hire a half million more agents to monitor this activity. That'll pump the employment numbers up.


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