... are rising and conventional monetary-policy tools have lost effectiveness. The Gesell tax can be regarded as a substitute for inflation tax on government liabilities. But this tax has a possible negative impact on the credit rating of the Japanese government. Japan assessing monetary policy of with Taylor...

... export ban First Continental Congress import boycott inflation tax Intolerable Acts quantity theory of money Second Continental Congress And so it begins … The British North American colonies from New Hampshire to Georgia assembled in the Second Continental Congress...