A demurrage would solve or prevent a lot of relevant problems that a lot of people care about, but not anyone on this site it seems. "BEGIN THE DEBALLING PROCESS!!..."
Demurrage forces the entire stock of money to circulate irrespective of the desire of the wealthy to accumulate and store; banks, financiers, and corporations can no longer hoard money waiting for higher interest rates or a more favorable investment climate as the demurrage acts as a tax on stagnant money.
A demurrage would solve or prevent a lot of relevant problems that a lot of people care about, but not anyone on this site it seems. "BEGIN THE DEBALLING PROCESS!!..."
what is demurrage?
Demurrage forces the entire stock of money to circulate irrespective of the desire of the wealthy to accumulate and store; banks, financiers, and corporations can no longer hoard money waiting for higher interest rates or a more favorable investment climate as the demurrage acts as a tax on stagnant money.