[imtringued]

That is the story they like to tell you but the fed has almost no control over money anymore. The best they can do is control treasury yields and do some damage control.

Demurrage currency is designed to have a stable money velocity. Regular currency can simply stop circulating. I. e the fed has no control over money that is being stock piled.

[civilized]

Dumb question I've had for a while: why isn't steady inflation stimulated by central bank actions functionally equivalent to demurrage?

I suppose the similarity depends on to whom the printed money goes?