
"It's the coin of the realm," says Mark Bailey, who was serving a two-year tax-fraud sentence in connection with a chain of strip clubs he owned. His 'in-house' lawyer, Mr. Levine, who was serving a nine-year term for drug dealing, says he used his macks to get his beard trimmed, his clothes pressed and his shoes shined by other prisoners. "A haircut is two macks," he says, as an expected tip for inmates who work in the prison barber shop.
Prisoners need a proxy for the dollar because they're not allowed to possess cash. Money they get from prison jobs (which pay a maximum of 40 cents an hour, according to the Federal Bureau of Prisons) or family members goes into commissary accounts that let them buy things such as food and toiletries. After the smokes disappeared, inmates turned to other items on the commissary menu to use as currency.