What If Money Expired? | NOEMA
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A long-forgotten German economist argued that society and the economy would be better off if money was a perishable good. Was he an anarchist crank or the prophet of a better world?
  •  sculd   ( @sculd@beehaw.org ) 
    2·
    2 years ago

    It is an “interesting idea” in the sense that it would force people to use other things, such as precious metal, as store of value.

    If any national economy tries this? Watch capital flight before the regime collapse by riot, coup, assassination, or all of them.