Das Geld Syndrom in a nutshell. There’s a reason why every major religion sanctions usury. It is wealth transfer from labor through business to creditors.
It’s money “destruction” in the sense of purchasing power destruction, the essence of inflation or debasing the currency. It has a lethal consequence of concentrating power.
The one measure that circumvents this decay is demurrage. Gesell formalized it in the concept of Freigeld.
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