Bloomberg (gated) had the report of a poor region of Argentina introducing its own currency, the chacho.
- province of La Rioja
- its governor, Ricardo Quintela, created the province’s own currency, the chacho
- given out in lumps of 50,000 to all government employees as a 'bonus payment'
- a gas station in the provincial capital city had business jump by 10% on the morning the chacho was distributed
While Bloomberg is gated, here is the link if you can access it.
