“Soon afterwards 200 townships in Austria wanted to copy it. It was at that point that the central bank panicked and decided to assert its monopoly rights. The people sued the central bank, but lost the case in November 1933. The case went to the Austrian Supreme Court, but was lost again. After that it became a criminal offence in Austria to issue “emergency currency.””
De centrale bank drukte het succes de kop in
Lees in dit artikel hoe een succesvol lokaal geldexperiment in het Oostenrijkse Wörgl door de centrale bank abrupt werd stopgezet.
