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As we discussed in last month Monetary Watch , the recent acceleration in uncovered money substitutes is no longer just about depositors liquidating time and other term deposits in favor of instantly redeemable demand and savings deposits (in Austrian speak, bank depositors liquidating credit claims, raising cash, then depositing and holding that cash in money substitute form with those same banks).
FORBES: Headline Monetary Aggregates for September
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Communities facing this problem have traditionally resorted to "scrip, " a money substitute in the form of tokens, certificates, even clamshells or buckskin to trade for goods.
FORBES: Magazine Article
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They are generally less sweet than sucrose (table sugar), so they are often mixed with very sweet artificial sweeteners like aspartame, sucralose and acesulfame potassium, to form a palatable substitute in low sugar, low carbohydrate, and diabetic or "diet" products.
CNN: Is no-sugar ice cream really a healthier alternative?