For Monetary Historians – Austria’s Experiment with Perishable Money April 24, 2019 A currency that lost value unless it was spent right away worked wonders in Depression-era Austria. https://www.bloomberg.com/opinion/articles/2019-04-22/unconventional-tool-to-fight-next-recession-perishable-money Share Get link Facebook X Pinterest Email Other Apps Labels Economics Finance History Monetary Policy Share Get link Facebook X Pinterest Email Other Apps