The Argentine solution explained and re-explained. Remove the banks out of the loop avoiding usury...
I remember reading about an Austrian or German experiment (during the last Great Depression?) where community notes were issued with an expiry date to ensure people would not horde the new notes but spend them as soon as possible on real things. This got the economy going by encouraging people lto trade. The expiry date emphasised the auxillary function of the notes...
@CO2TROL an Austrian experiment (during the last Great Depression?) where community notes were issued with an expiry date to ensure people would not horde the new notes but spend them as soon as possible on real things. This got the economy going by encouraging people to trade. The expiry date emphasised the auxillary function of the notes...
Jct: The Worgl notes. It was so successful, it was shut down by the Austrian government so everyone could go back on the dole.
The Argentine solution explained and re-explained. Remove the banks out of the loop avoiding usury...
I remember reading about an Austrian or German experiment (during the last Great Depression?) where community notes were issued with an expiry date to ensure people would not horde the new notes but spend them as soon as possible on real things. This got the economy going by encouraging people lto trade. The expiry date emphasised the auxillary function of the notes...
CO2TROL 4 months ago
@CO2TROL an Austrian experiment (during the last Great Depression?) where community notes were issued with an expiry date to ensure people would not horde the new notes but spend them as soon as possible on real things. This got the economy going by encouraging people to trade. The expiry date emphasised the auxillary function of the notes...
Jct: The Worgl notes. It was so successful, it was shut down by the Austrian government so everyone could go back on the dole.
kingofthepaupers 4 months ago
@CO2TROL fuck face
nellyyllen1 4 months ago