Editing Inflation (section)

===Demurrage currency===
{{Main|Demurrage currency}}
[[Freiwirtschaft]] economists theorize that demurrage currency could eliminate both inflation and deflation. There tends to be some interest cost that is built into the goods and services that consumers tend to purchase,<ref name="lietaer-1990">{{cite journal |last=Lietaer |first=Bernard A. |date=July 1990 |title=A Strategy for a Convertible Currency |url=https://folk.ntnu.no/tronda/finans/others/interest-free-money-formatted.pdf |journal=ICIS Forum |volume=20 |issue=3 |publisher=International Center for Integrative Studies |access-date=4 May 2025}}</ref>{{rp|p=4}} so if demurrage currency eliminates interest rates, then prices are less likely to increase. Demurrage would also naturally cause the money supply to decrease, thus causing deflation. If a central bank issues and monitors demurrage currency as Gesell originally proposed, then it could replace all the money that disappears due to demurrage by printing money at a similar rate.<ref name="baynham-2023">{{cite web |url=https://www.noemamag.com/what-if-money-expired/ |title=What If Money Expired? |last=Baynham |first=Jacob |date=14 November 2023 |website=Noema Magazine |publisher=Berggruen Institute |access-date=26 April 2025}}</ref> The money printing could create just enough inflation to cancel out the natural deflation of demurrage, thus achieving an [[inflation target]] of 0%.<ref name="sidman-lecture-6-inflation">{{cite AV media |last=Sidman |first=Josh |date=3 April 2024 |title="Silvio Gesell: Beyond Capitalism vs Socialism" Class #6 |url=https://www.youtube.com/watch?v=1GjX4PCcTlU?t=918 |time=15:18 |type=Video |language=English |publisher=Henry George School of Economics |access-date=23 May 2025}}</ref>