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Re: Interest free monetary policy Question

Thanks. I took the Are you an Austrian? test. I scored 78 out of 100. One Scocialist answer. The rest I got wrongt were Chicago school answers. What can I say Milton Friedman was a keyensian. My socialist answer was about the cause of the great depression a protest answer. I hold the view that the Great depression was caused by the loss of a generations

Posted to Newbies (Forum) by mwselensky on Sun, Sep 16 2012
Interest free monetary policy Question

I am wondering If an interest free monetary policy As proposed by Margrit Kennedy Could be compatible with Austrian economics? The concept of charging interest seems to complicate all economic theories. It introduces the concept of the present value of money versus the future value of money. There also seems to be a conflict with supply and demand values

Posted to Newbies (Forum) by mwselensky on Sun, Sep 16 2012

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