Monday, January 21, 2013

A Free Money Miracle?

I have an article published at 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.

1 comment:

  1. 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?