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In Greece it does not even have to be Gesellian. In fact, I would argue that Gesellian money is a crude hack to get around having your fiscal policy institutionally crippled: If you are politically prepared to go Gesellian, then you should also be politically prepared to flat out print money and institute (implicit) hard currency rationing.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Tue Jan 10th, 2012 at 02:03:17 PM EST
[ Parent ]
Communism and socialism are not dead, they're sleeping.

Align culture with our nature. Ot else!
by ormondotvos (ormond.otvosnospamgmialcon) on Tue Jan 10th, 2012 at 11:11:11 PM EST
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Neither is fascism.

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Carrie (migeru at eurotrib dot com) on Wed Jan 11th, 2012 at 05:41:27 AM EST
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