Currency War of 2009–11 dollar, with Goldman Sachs saying the real is the most over valued currency in the world. In October 2010, Brazil began increasing her capital controls, doubling a tax on foreign purchases of fixed-income assets to 4 percent so as to curb the real's appreciation to a two-year. On 18 October, Brazil sought to curb the real's gains by raising taxed capital inflow on fixed-income assets by 2% to 6% and taxed inflows for margin deposits on futures to 6% from 0.38%. Chile said it would implement capital controls to curb gains in the Chilean peso, which had strengthened the most
Demurrage (currency) regional community currency in a part of Bavaria, using a demurrage system. Freicoin is a cryptocurrency, in which demurrage is levied at approximately 5.00% per annum. The ZenVow Project implements a human generated Global Basic Income system using time dependent digital currency that derives from the demurrage system. Where the human average world life expectancy is used as the currencies lifespan and respective derived burn rate. Demurrage (currency) Demurrage is the cost associated with owning or holding currency over a given period. It is sometimes referred to as a carrying cost of money. For commodity money such as gold, demurrage