3 ms·
I think 100% money is the original economic term for this concept, used by Irving Fisher (see http://realmoneyecon.org/lev2/images/pdfs/100percent_money.pdf htt
by sarabande 8y ago
I think 100% money is the original economic term for this concept, used by Irving Fisher (see http://realmoneyecon.org/lev2/images/pdfs/100percent_money.pdf http://realmoneyecon.org/lev2/images/pdfs/100percent_money.p...).
Also, I think Vollgeld comes from an abbreviation of vollwertiges Geld (full-fledged money), and seems like an appropriate translation of 100% money and sounds good, as well.
- beefhash 8y agoInterestingly, this note was apparently lost on the Swiss government, which uses "sovereign money" as English translation instead[1]. https://www.admin.ch/gov/en/start/documentation/votes/20180610/Sovereign-Money-Initiative.html https://www.admin.ch/gov/en/start/documentation/votes/201806...