Current Examples
E-gold is an example of a modern private currency in which demurrage is applied. In this case there is a gold storage charge of 1% per annum. The demurrage associated with e-gold is arguably expended by the currency operator to help cover real storage costs.
Bernard Lietaer's terra is a commodity basket currency proposal similar to Keynes' bancor or L'Europa and bearing a demurrage charge.
The Chiemgauer is a regional community currency in a part of Bavaria, using a demurrage system.
Read more about this topic: Demurrage (currency)
Famous quotes containing the words current and/or examples:
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