As free cash money is referred to, which is so designed that it does not provide for an ever-widening gap between rich and poor. In other words, money used in a free economy no stagflation is possible. This is done because a negative free cash provides Urzins. In an economy that uses the free money, people can still poor or wealthy or even rich. But with a positive currency Urzins called Zwinggelder lead inevitably to the fact that wealthy and poor strata of society as a widening gap diverge ever further. In the upper strata of society accumulates more and more Zwinggeld , so that the members of these layers of a strong inflation exposed. At the same time Zwinggeld lacking in the lower strata of society, so that the members of these layers are a no less strong deflation exposed. Sun forces (hence the name) the Zwinggeld fundamentally different behaviors of the two walks, while the economic indicators show signs of both practices, so that economists know the state, only to be called stagflation, but did not explain properly.
A British economic historian named Niall Ferguson writes: "Who wants to escape poverty, must extensively and thoroughly study the functioning of the financial system. This applies to individuals as well as to states and governments. "Although the phrase comes from an economist, he sounds very wise. To understand the functioning of the financial system really, we must first understand the functioning of the money. The best you ask to not only one speculating about economists, but a practitioner can learn from the experience, we very much. So it is good that a skilled practitioner for over a hundred years already extensive and easy to understand books on the nature the money has written and published. If the practitioner is the export trades Silvio Gesell. must avoid
To study the impact of the positive eliminate the Urzinses or better yet replaced with a negative Urzins. Silvio Gesell told us already, how to achieve that. How to care for a negative Urzins? This is easily possible, by ensuring that the currency is not as valuable, but rather even less valuable than their face value is considered, so that they will be exchanged for goods quickly. Someone needs to buy anything there from loans. This can be compensated, of course, still so that one can earn by lending the money issue. But unlike the Zwinggeld get the free money, the debt does not total more than the total amount of credit (debt == balance), what the Zwinggeld necessarily the case (debt repayment == + interest, credit ; == repayment) is. Zwinggelder be regarded as being more valuable than their face value, because that always remains the same, while the goods that you could buy it, have a limited shelf life. To create a Gütervorat for future needs would therefore mean that one economically unfavorable situation, although the nominal value of the Store room would be exactly the same for the money spent. The comparison between the Geldvorat and Gütervorat shows that the Geldvorat is effectively worth more, even though the nominal value in both cases is the same. Therefore, Silvio Gesell suggested that the value should decrease with each currency unit of time, so the same moves that the currency with the purchasable with their goods. The result would be an open money. A free money would be there of course, if one could achieve the same effect by a different construction. However, that would prove to be yet, while the construction after Silvio Gesell their could demonstrate skills to a couple of occasions already. The most famous cases in the short term used Schwanenkirchen in Deggendorf Wara and working papers to the town of Wörgl in Austria, both of which were issued shortly before the Second World War and had the nearly averted.
Silvio Gesell made other proposals, some of which were actually implemented by our governments. Despite such achievements (which we can discuss another time), there are economists who criticize the ideas of Silvio Gesell practice, especially in the continuous depreciation of the free money. You say that you could achieve the same effect by inflation, which in addition also to achieve it even easier, because you trust in today's currency would not need to destroy. For some business entities course just an inflation would destroy the confidence in the currency. Nevertheless, Silvio Gesell critical economists would probably agree. This of course only under certain conditions. This would have the critical economists only prove that they can keep the inflation rate for any length of time periods, at the exact same level stable. The dangers of hyper-inflation or deflation is completely eliminated. Moreover, the exact same rate of inflation would naturally distinction to all walks of life apply. Deflation is when you have no money. The critical economist would have to prevent any redistribution from the bottom up permanently and effectively. If all these additional conditions not contained in his idea of inflation, then the continuing value of the currency by reducing fees on selbige the only workable solution.
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