Monday, January 21, 2013

A Free Money Miracle?



I have an article published at Mises.org regarding the Miracle of Wörgl.  It is a summary of the previous work I have done on this topic.

The article can be found here.


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1 comment:

  1. kyunkyunJuly 15, 2021 at 11:09 PM

    Hello.
    I have the following doubt.

    Demurrage money stimulates consumption.
    Can there be a situation where the supply cannot keep up with that consumption?
    In other words, if consumption (demand) increases due to demurrage money, is demand-pull inflation likely to occur?

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