To: kingattax
During the Depression, Alberta Premier Bill Aberhart, did a form of negative interest rates by issuing scripts that would constantly lose value over time.
It was done to keep the people spending money and not saving it.
7 posted on
06/07/2014 10:00:10 PM PDT by
Jonty30
(What Islam and secularism have in common is that they are both death cults)
To: Jonty30
During the Depression, Alberta Premier Bill Aberhart, did a form of negative interest rates by issuing scripts that would constantly lose value over time.. It was done to keep the people spending money and not saving it.You describe the Carter years.
37 posted on
06/07/2014 10:40:54 PM PDT by
gunsequalfreedom
(Conservative is not a label of convenience. It is a guide to your actions.)
To: Jonty30
.....by issuing scripts that would constantly lose value over time.
You mean kinda like the American dollar today?
46 posted on
06/08/2014 3:19:30 AM PDT by
DH
(Once the tainted finger of government touches anything the rot begins)
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