1. Der Sozialstaat und das Geld.
- Author
-
Oeter, Ferdinand
- Subjects
INVESTMENT interest ,SAVINGS ,INTEREST rates ,CENTRAL banking industry ,DEMAND for money ,MONETARY policy - Abstract
The article discusses the growing disparity in wealth among German citizens and the tendency of the very wealthy to put their money in non-productive but money-generating investments based on interest. The author suggests a new central banking system employing practices to absolutely stabilize the currency and to manage interest rates, while ordinary citizens would be given inducements toward long-term savings.
- Published
- 2000