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This is Keynes argument against Demurrage Currency, the fees can be evaded by using a competing currency. When demurrage has been used successfully in the past,
by pacaro 14y ago
This is Keynes argument against Demurrage Currency, the fees can be evaded by using a competing currency. When demurrage has been used successfully in the past, the main competing currency has been broken (30's Austria, depression era USA)