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Greece's new currency
(
freakonomics.com
)
7 points
by
jobeirne
on March 22, 2012
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3 comments
willvarfar
on March 22, 2012
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[–]
The Wörgl experiment shows how effective these alternative currencies can be:
http://en.wikipedia.org/wiki/W%C3%B6rgl#The_W.C3.B6rgl_Exper...
gee_totes
on March 22, 2012
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[–]
Also, the United States went through a period of scrip currency during the Great Depression (though it wasn't quite a 'Miracle Experiment'). See the second image down for an example:
http://americanhistory.si.edu/exhibitions/small_exhibition.c...
gee_totes
on March 22, 2012
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[–]
Does anyone have more information on Tems? I read about this yesterday on the Guardian (
http://www.guardian.co.uk/world/2012/mar/16/greece-on-breadl...
).
I'm wondering how inflation would play out in Tems.
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