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Creative personal economic stimulus: Danny Cottrell

Danny Cottrell, a pharmacist in Brewton, Alabama gave $700 to each of his dozen employees.  The catch?  He handed it out in $2 bills.  He asked them to give 15% to a person in need and then spend the rest locally.  Since $2 bills are unusual, the town could see the effect of the money circulating around town.  What a fabulous idea!  Let’s just hope someone doesn’t try to recreate it with Susan B. Anthony dollar coins, or our pockets will be sagging.

Tip o’ the green shade to J.D. at GetRichSlowly.

One Response to “Creative personal economic stimulus: Danny Cottrell”

  1. [...] pharmacist distributes $2 bills with the request that the recipients try to spend them [...]

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