The experiment of Wörgl

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Joined: Mon 28. Feb 2011, 11:17
PostPosted: Mon 23. May 2011, 19:14
The experiment of Wörgl

Dear Readers

The time of the of the Middle Ages, early gothic era, was a very happy time for the people. A prosperous middle class, nice buildings, which still today can be seen in the few undamaged cities of Dinkelsbühl, Rothenburg, Lübeck, etc. Arts and crafts flourished, witnessed by the still existing tops of the ornate churches and houses of the early gothic era. This wide spread prosperity was not just the result of continuous performance or improvement of economic growth, but rather the result of a money which decreased in value, and thus was FORCED into circulation. It was INTEREST FREE MONEY. They had a „five-day week“ , as the "Blue Monday" was in most guilds a day off work. The middleclass was extremely rich in those days. For over 300 years all went well, but then the greedy bankers established again the interest burdend money system, until…

…A „few years“ later:

The power of the interest FREE money system was proven in 1932/33 in Wörgl / Tirol with great success. It was ALTERNATIVE MONEY again in the sense of "perishable" Money. Here´s what happened: The funds of the little townWörgl were almost empty. To replenish them, the mayor made the following unconventional decision: He convinced all citizens of Wörgl to put socalled „loss-money“ in circulation. These bills would lose each month a percent of their value, forcing them thus into circulation. They had bills of 1S, 5S and 10S. But what about the merchants? Would they accept this "loss money"? They did. Landlord and merchant accepted these "work certificates." Municipal taxes and water bills were paid exclusively in these work certificates, which meant, wandering from the bank to the workers, the baker, butcher, hairdresser, etc. and back tot he bank. The reason why the currency was called „Schwundgeld“ or "loss money" was now this: They decided a monthly loss of value per bill of 1%, or 12% annually. The town sold chips with a value of 1.5 or 10 pence, who had to be glued at the beginning of the month on the bills. Were they missing, the bills value was 1% less. Dear reader, this may sound absurd to you, but the value of money lies in its de-valuation or in its loss of value.
For over a year the Fed did not interfere, the town of Wörgl flourished and prospered. Now other communities were preparing to copy the same interest free money principle, or to follow this example. That was when the Federal Reserve stepped in and stopped the interest free money system.
But you can´t stop the truth, neither can you hide it forever. Now the time has come, to REVIVE the INTEREST FREE MONEY SYSTEM.
Dear reader I know that you have tons of questions, but believe me, THEY ALL are answered in this book.

"More in Der Rubel muss Rollen"
Christian Anders / Lanoo

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