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Silvio Gesell

A short clip about economist Silvio Gesell, one of the fathers of the complementary currency movement. More information at www.complementarycurrency.org.  
 
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schwupsdidups (3 months ago) Show Hide
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please also check the video "monetary growth" by Helmut Creutz. It explains the problem of interest (compound interest) which is one of the main causes for the financial crisis. The video shows how money systems with compound interest are bound to collaps.
CIPPALA (4 months ago) Show Hide
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the value we give money to us because we accept the money..

Gesell,Auriti,Pound...
adamfarkas11 (4 months ago)
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jemjemde (5 months ago) Show Hide
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This kind of money could help California
stylefighterdks (6 months ago) Show Hide
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This will be the future!!! u are so right!!!
PozsonyiFarkas (6 months ago) Show Hide
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This will be the future.
awakenedinseattle (7 months ago) Show Hide
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What a fascinating video!--and what an innovative thinker Silvio Gesell was. I sincerely appreciate your posting this.

These ideas sound like there could be a positive future, even in light of the world's current circumstances.
markmuzenhardt (7 months ago) Show Hide
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There is one big difference between demurrage and inflation. While demurrage is always linear, inflation is exponential! Ask youselve, why everything becomes more and more expensive in shorter and shorter periods of time! Another point of view is, that there is no way to escape inflation. With demurrage you can stop loosing money by giving credit to someone who needs it! You even didn't have to charge interest, because you would be glad to stop loosing money by demurrage!
ari100teles (8 months ago) Show Hide
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[continues]
Paying demurrage leaves me with 99 dollars to spend at the beginning of the next month. My purchasing power has declined by 1 dollar, the same happens with inflation. If there is 1% inflation I may still have 100 dollars at the beginning of the next month but its purchasing power will be only 99 dollars. My question is what is the difference then between demurrage and inflation? Thanks for your answer in advance :)
markmuzenhardt (7 months ago) Show Hide
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You are calculating wrong. On inflation with 1% per anno and something that costs 100$, you have to pay 101 $ for it in the first year. In following years you pay: 102,01 $, 103,03 $, 104,06$, 105,10$, ... and so on. After 100 years you had to pay 270,48 $ (!!!). This means, you have to earn 170,48 $ more to buy the same thing as 100 years ago. With Freigeld (demurrage = 1 $ per anno) you would have to add only 100$ after 100 years, no matter that your 100$ Freigeld-Note now is worthless!

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