What if money expired?
What if money expired?
www.noemamag.com What If Money Expired? | NOEMA
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?
There is a discussion on Hacker News, but feel free to comment here as well.
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Most people are sadly uninformed about what constitutes "money" in our modern society. Here's a crash course. https://brettscott.substack.com/p/casino-chip-cashless-society
1Fascinating idea. Sounds like it will be nearly improssible to implement at scale and long term in our current world, but maybe some of the ideas could be explored further as options to support laborers and mitigate wealth hoarding. Thanks for sharing.
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