Im Forbes Magazine vom 6.10. lese ich gerade einen Artikel "Cut To 1% - Now!" von Brian S. Wesbury and Bob Stein:
"In terms of monetary theory, what we are seeing is a rapid, and historically unprecedented, drop in the velocity of money--how many times money turns over. The money equation MV=PQ, is at the root of our analysis. Money x Velocity = Prices x Quantity (nominal GDP).
Typically, the velocity of money is relatively stable. Changes in money growth cause changes in economic activity. But monetary ease, which began last September, should be lifting economic activity right now, and the opposite is happening. As a result, it is now that was our fear and panic are causing a drop in money turnover, or velocity. There are only two
ways to offset this problem - end the drop in velocity by stopping the panic, or boost money (M). Since there is no way of knowing Whether velocity will pick up soon, then it is now important for the Fed to boost money growth as rapidly as possible. "
After all, the economists look again at the current rate but get a false conclusions should be. really be the expansion of the money bubble the answer? The money bubble is but the cause of the whole problem. The only solution is the direct increase in the velocity V and continuous assurance. At the Chiemgau this problem is already solved by such a simple measure such as the brand adhesive every three months. The current rate is three times higher than that of the €.
There is a third way of solution: To increase the velocity by a demurrage fee. The Chiemgau money is three times faster than the Euro. The reason is the negative interest rate. Nobody wants to keep Chiemgauer because you have to pick stamps every three months.
Chiemgauer 2007 
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