Talk:Prosperity certificate

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Canada: Alberta Low‑importance

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This needs to be retitled

This article needs to be retitled to 'Alberta Prosperity Certificate', as that indicates where in Canada this currency was issued. - (203.211.72.242 (talk) 06:37, 15 June 2009 (UTC))[reply]

More information needed on the relationship between 1 cent stamps and date when certificates were obtained

I do understand that the program was discontinued after about one year, which would be around mid August of 1937. What is not explained very clearly is why a worker would accept being paid with these, for doing a dollar's worth of work, but then have to buy a one cent stamp out of his or her own pocket for every week beyond the date of issue of August 12, 1936. If a worker was paid on July 28, 1937, then that worker would have to buy 50 one cent stamps and then stick all of them on the $1 Prosperity Certificate to validate it before it could be spent. Why would someone do a dollar's worth of work and knowingly accept 50 cents instead? So, what was the point of using these, when the longer they were in effect, they lost one cent per week (with the starting date of August 12, 1936 printed in plain view on the back) in effective value because the owner had to buy a one cent stamp for each week from that starting date before spending it? If this program had kept going, after two years, anyone being paid with these would be in effect be paying $1.04 out of their own pocket in order to buy $1 worth of anything with these, losing 4 cents on the deal plus working for free? Of course that doesn't make sense, so, what's the rest of the story on how these were used? Linstrum (talk) 04:39, 16 August 2023 (UTC)[reply]