confirmed in its latest monthly report, the German Federal Bank of hoarding tendencies.
"Assuming a transaction cash balances of 10% of banknotes in circulation and shall be in addition an external demand basis of 25% to 35%, no nothing for the hoarding of the lions share of 55% to 65%. "(Bundesbank, Monthly Report, June 2009, p. 58)
serves only 10% of cash in the real domestic economy and 90% of the money for speculative purposes. an international context, it is even 99% of the money used speculative.
Since I deal with negative interest rates and, in particular with regional money, economists have often stated that there were now no serious money-hoarding more. Therefore need it, no anti-hoarding fee as indicated by the sticker in the Chiemgau or by a negative interest rate in eChiemgauer is practiced.
also expected that the German Bundesbank, die Hedgefonds immer wieder gelobt und dafür das Chiemgauer Regiogeld heftig kritisiert hat, nun die Beweise für die Stimmigkeit von Regiogeldern mit Negativzins abliefert, ist erstaunlich und wohltuend.
(Ich danke Dr. Eva-Maria Hubert für den Hinweis auf den Monatsbericht.)
Chiemgauer 2007 
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