The paradox of interest rates – History of the context of interest-free currency
This publication deals with the history of the concept of a monetary system which would enable the removal of interests. This idea appeared first in the writings of the German economist and businessman Silvio Gesella. He has thus become one of the thinkers who were convinced of the adverse impact of interests on economic life. In this book the reader will also find information about other like-minded authors as well as overview of practical experiments with interest-free money from 1930s to the present day.