sort on (physical) cash of the sort initially proposed by the German merchant Silvio Gesell 100 years ago. No country has since tried to imp€ement 'Gesell money' and political obstacles look sizeable. The evidence so far suggests that when they work, the effect from NIRP is mainly from driving down ex

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interestingly stumbled across =his excellent Keynes quote only a couple of years ago - "I =elieve that the future will learn more from the spirit of Gesell then from that of Marx." - Book 6, =hapter 23, Section 6, p. 355. 3 EFTA_R1_01773966 EFTA02591468 Time Banks, e.g. Rushey Green, which is in tur

'earned' or justified remains open to debate. The fact that paying interest unfairly benefits the rich has of course been noted by Proudhon, Marx, Gesell and other economists and philosophers. For the same reasons usury was also condemned by the writers of Exodus, Leviticus and Deuteronomy. Other crit

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