This paper proposes that large manufacturing corporations should create their own special currencies, which would be exchangeable for, or "targeted" on, their products.  IBM, for example, could sell "IBM dollars" which entitled the purchaser to buy a stated amount of computer equipment at a future date.  The currency would be issued at a discount from its face value, and at the redemption date the purchaser would exchange the currency, at face value, for equipment.

The IBM dollar is only one example of the potential for target currencies.  This concept has macro-economic implications insofar as these currencies would enable government to stimulate selected sectors of the economy without fuelling all-round inflation.