what is the future upside potential of ntc industries limited (526723)  - Free Wealth-Building Investment Strategies
what is the future upside potential of ntc industries limited (526723)  - Free Wealth-Building Investment Strategies
what is the future upside potential of ntc industries limited (526723)  - Free Wealth-Building Investment Strategies
what is the future upside potential of ntc industries limited (526723)  - Free Wealth-Building Investment Strategies
what is the future upside potential of ntc industries limited (526723)  - Free Wealth-Building Investment Strategies
what is the future upside potential of ntc industries limited (526723)  - Free Wealth-Building Investment Strategies
what is the future upside potential of ntc industries limited (526723)  - Free Wealth-Building Investment Strategies
what is the future upside potential of ntc industries limited (526723)  - Free Wealth-Building Investment Strategies

what is the future upside potential of ntc industries limited (526723) - Free Wealth-Building Investment Strategies

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what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets.

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what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets.

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. As businesses struggle to stay afloat during the pandemic and a record number of Americans have lost their jobs, one small city in Washington state put forth a creative solution to help its neediest residents pull through: printing their own money, out of wood.

In Tenino – a community of less than 2,000 people halfway between Seattle and Portland – residents who can demonstrate an economic hardship caused by the pandemic can receive up to $300 a month in wooden dollars, subsidized by a City Hall grant program.

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Real-time stock market predictions and analysis, offering precise advice on top-performing stocks to help you seize the best opportunities for growth. Gain access to expert insights and global market data to make timely investment decisions. The bills are made of wood veneer and are each worth $25. They can be used to purchase necessities and services from licensed or certified providers, as specified in theguidelinesby Tenino’s City Hall.

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Free real-time stock market analysis, market dynamics reports, and expert insights into stocks, metals, energy, and agricultural products. Make profitable decisions by leveraging our advanced market forecasting tools. The wooden dollars cannot be redeemed for cash – the maximum change allowed is 99 cents – and they can’t be used to purchase alcoholic beverages, tobacco or marijuana, which is legal in Washington state.

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Receive expert stock predictions with real-time updates on global market trends, including stock indices, futures prices, and forex fluctuations. Use our insights to improve your investment strategies and boost your returns. Many stores and restaurants in Tenino now accept this alternative currency, which they can exchange for US Dollars at City Hall.

“We basically treat the wood money just like cash,” Chris Hamilton, the store manager at Tenino Market Fresh, told 【 - Free Wealth-Building Investment Strategies 】. People have used the wooden bills to purchase groceries and home repair items at his shop.

“With so many people having financial troubles right now and not being able to work, it definitely helps,” he added.

“The nice thing is it keeps the business in town,” Hamilton said. “The currency is only good in Tenino, so it helps promote the small town and keep business local. It’s a two-fold win for people.”

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Free real-time stock market data, professional analysis, and expert insights to help you plan the best investment strategy. Get ahead of the competition with expert predictions on market trends. Tenino has printed $10,000 worth of wooden bills for the time being, and so far about a dozen people have qualified to participate in the program, according to Tenino’s Mayor Wayne Fournier.

“I think people enjoy it and they appreciate it,” Fournier told 【 - Free Wealth-Building Investment Strategies 】. “There’s a direct, quantifiable economic aspect to it, but then also an intangible spirit of creating hope,” he added.

Local communities the size of Tenino’s face bigger hurdles when it comes to receiving state and federal pandemic relief, according to Fournier, so the currency is the city’s response to the circumstances.

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Stay informed with expert predictions of stock trends and real-time market data, covering global indices, futures, metals, and agricultural products. Make better decisions and achieve consistent growth in your investments. The Latin phrase engraved on the bills is meant to translate as “we’ve got this handled,” Fournier explained.

“That’s how we feel we have to do things around here, no one is coming to help. We have to step up and do it on our own.”

“You have to pull yourself up by the bootstraps,” Fournier said. “If we can inspire other communities to do that, we’re all going to be better off.”

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Professional stock market analysis, real-time data, and expert recommendations for high-potential stocks. Take advantage of market opportunities and improve your capital growth with strategic investment plans. This is not the first time the city of Tenino has resorted to printing its own money in times of economic hardship. It happened before, during the Great Recession.

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Free break-even services with personalized investment plans. Quickly recover from losses, avoid risks, and achieve steady growth with expert stock predictions and real-time market updates. The Tenino Wooden Dollar was first printed in December 1931 when the local Citizens Bank failed and all bank accounts were frozen, according to city historian Richard Edwards.

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Expert market analysis and predictions for India, US, and European stocks. Stay updated with real-time data on stock indices, futures, and commodities to help you make informed, timely investment decisions. At that time, the currency was backed by the local Chamber of Commerce rather than by the local government, and was the brainchild of local newspaper publisher Don Major, who thought to use his printing press for the purpose.

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Free access to professional investment advisors who provide real-time market data and trend analysis. Select top-performing stocks and boost your capital with expert strategies for market growth. Residents could sign over up to 25% of their bank deposits to the Chamber of Commerce in exchange for the alternative currency, which was also made of wood, an abundantly available material in the Pacific Northwest. The first Tenino wooden currency circulated from 1931 to 1933, and later became a collectors’ item.

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Free stock market analysis and data updates to help you select the best investment portfolio. Achieve steady growth and avoid losses with expert predictions and real-time market insights. The fact that the new version of the Tenino dollar is also printed on wood has to do with the fact that this city “is very history aware,” Edwards told 【 - Free Wealth-Building Investment Strategies 】.

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Real-time stock indices and futures data to help you seize the best investment opportunities. Analyze market movements with precision and grow your portfolio with expert stock predictions. The current Tenino Wooden Dollars are printed with the same newspaper press from the 1890s that was used in the 1930s with custom engraving blocks.

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Expert guidance on stock market trends and real-time updates on stock indices, futures, and exchange rates. Make well-informed decisions and plan the best investment strategies for capital growth. The machine, which resides in the Tenino Depot Museum, was used over the years to produce commemorative versions of the historic Tenino Wooden Dollar for the collectors’ market, for organizations and for special events, according to Edwards.

Leonard Augsburger, the project coordinator of the Newman Numismatic Portal at Washington University in St. Louis, told 【 - Free Wealth-Building Investment Strategies 】 that currencyalternativesandscripwere very popular during the Depression era, especially after the1933 Bank Holidayordered by President Roosevelt.

“There were thousands of various scrip issues during the Depression, a lot of times coming from local municipalities, chambers of commerce, boards of education, or companies. They were all over the country and people were used to seeing them,” Augsburger said.

“They had by and large disappeared once people had confidence in the banks and the regular money supply was back to normal.”

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“This is sort of more akin to food stamps, where the government gives you certificates that are directly redeemable for food and primary needs.”

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. While government assistance through social programs is well-established, the Tenino Wooden Dollar is a more direct way for a local government to provide direct aid to individuals while supporting local commerce, according to Augsburger.

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But is Tenino actually printing money? Jesse Kraft, an assistant curator at the American Numismatic Society, doesn’t think so.

“No one is going to be held accountable for this because they are not actually creating money, as it’s legally defined. These are just tokens that are creating an economic stimulus,” Kraft told 【 - Free Wealth-Building Investment Strategies 】.

“It begs the question: what is money? It really is just something that someone is willing to spend and the other person is willing to accept,” Kraft added.

It’s unlikely the federal government would worry about the Tenino currency unless it became much more widely used, according to Augsburger.

“I don’t think that it would be prosecuted unless it really ramped up to a very, very large scale,” he said.

Fournier quoted Supreme Court Justice Louis Brandeis’ interpretation of the freedom of states to “serve as a laboratory; and try novel social economic experiments without risk to the rest of the country,” and the Tenth Amendment, which limits the federal government’s powers to those expressly granted by the Constitution.

Based on these tenets, Fournier told 【 - Free Wealth-Building Investment Strategies 】 Tenino’s micro currency experiment is “as American as apple pie.”

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ AI-driven stock trend forecasting with free access to real-time market data, offering personalized investment advice and expert predictions. As American as it is, the Tenino experiment is receiving attention not just from other states around the country, but from all over the world, the mayor said. He has fielded media inquiries from Canada, New Zealand and Norway in recent days.

“The global interest in this story is amazing and I sincerely hope it inspires other communities to try bold new ideas,” Fournier told 【 - Free Wealth-Building Investment Strategies 】.

what is the future upside potential of ntc industries limited (526723) ✌️【Asset Allocation】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. The attention has also brought about donations from benefactors both foreign and domestic, according to Fournier.

“We’re getting bombarded with requests from out of the city folks that want to purchase them, and they’re offering like seven times the face value.”

If Tenino residents were to resell their wooden dollars for a profit, Fournier would still feel like the currency met its stated purpose.

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