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Meet the Mayor Who Printed His Own Currency to Fight the Virus

With the virus crushing economic activity, one town in Washington is trying something new.

Meet the Mayor Who Printed His Own Currency to Fight the Virus
The U.S. Capitol stands past North Capitol Street in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics.

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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