https://pjmedia.com/michaelledeen/2009/02/07/you-can-just-print-your-own-money/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usWed, 10 Jun 2026 08:49:53 -0400<![CDATA[Ambrose Evans-Pritchard used to be the Telegraph&#8216;s man in Washington, and he was always great fun.  Now he&#8217;s roaming around Europe looking for signs of life, and he has found it in the form of regional currencies that people use instead of euros.  It&#8217;s a great story.  Locals&#8211;Ambrose tells of currencies in Austria, Germany and Italy, with many more en route&#8211;who for one reason or another don&#8217;t like the euro have just issued their own money, with a fixed depreciation rate.  In essence, it&#8217;s like having a credit card, because merchants who redeem this scrip are charged a fee roughly equal to that charged by the credit card companies.]]>Sat, 07 Feb 2009 16:59:43 -0500<![CDATA[Michael Ledeen]]>https://pjmedia.com/michael-ledeen/2009/02/07/you-can-just-print-your-own-money-n186351