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Author Topic: Thought experiment: Resetting spendings each month; what would happen?  (Read 3727 times)
benjamindees
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April 13, 2011, 03:22:43 AM
 #41

Things that people need to save up for would either be gov't subsidized (mortgages) or they wouldn't exist since there would be no credit for them (nuclear power plants).

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April 13, 2011, 03:30:47 AM
 #42

You don't think people would deal well with the idea of floating value and adjusting prices down untill their intended customers can afford the productvservice?

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April 13, 2011, 03:37:43 PM
 #43

There's no need for a thought experiment.  Just look at Zimbabwe, or Germany after WWI.  Your money was worthless by the end of the month (or even sooner), so everyone reset by then.  Everyone ended up being trillionaires or more.
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