It works something like this (with variations by specific class):
- All students are required to submit 20 buckaroos by the end of the semester to get their grades. Buckaroos can be earned by doing designated community service jobs.
- There is no limit to how many buckaroos a student may earn.
- Buckaroos are freely transferable.
The value of the buckaroo has been 'internally stable' from inception, in that one buckaroo has always been able to purchase one hour of student labor.
The UMKC, as well as the students, have failed to identify any public purposes that may be served by having the UMKC pay interest on buckaroo savings, so the zero interest rate policy remains in place.
→ pay interest on money doesnet make sense