The Free

He can wait for cheap goods for him or the interest rates are high enough. With the wait to he interferes with the economic cycle. Dealers are forced to lower their prices. As a result, they must cover their costs through loans. This needs the money owner can be Gesell’s ideas through the interest reward, income, for which he provides no performance. Again, it gives the income, so that his income constantly grow (compound interest). So are inefficient to companies’ accumulated riches there, where they are not needed.

In contrast, he will deprive their full work income standing to of the working population. The market superiority of the money owner, company saw fundamentally disturbed the free forces between seller and buyer. From this he concluded that money should correspond in its essence of nature and be modeled after natural things. The money in the hands of the owner of a money must lose manpower and goods in value over time, then there is no dominant position on the market. Money would be placed under a constant pressure of passing. Each owner of money will not to hold back his money, but settle for buying goods or services, current invoices, or lending without interest claim, to avoid such impairment. So, money act as servants of the people and not as its ruler. This money society called free money ‘.

” The issuance of free money should be reserved by the State which has to set up a currency Office. When the threat of inflation oversupply of amounts of money: inflation, deterioration of purchasing power of money through an increased amount of money to move the currency Office free money, upon threat of deflation such issue. With him Regiogeld the harmful risk-free ability of hoarding of money would be overcome. To the Realisation of his idea he proposed switching from the then prevailing coins to paper money, which the required endorsements via impairment or a money certificate validity expiration you can make.