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by terhechte 4817 days ago
Funny, just this morning I decided to write a blog post about Gesell and the 'Schwundgeld' and his short usage in the city of Wörgl almost a century ago. The real question, of course, is wether inflation isn't a much more natural way of depriving currency of it's value.
1 comments

What benefit does inflation have over demurrage?