Demurrage (currency) subsidy. Both inflation and demurrage reduce the purchasing power of money held over time, but demurrage does so through fixed regular fees, while inflation does it in a variety of ways. Inflation is certainly not always everywhere a monetary phenomenon. Inflation is not always easy to predict & it does not stay fixed through time, but the level of demurrage is fixed by the Government. Gresham's law that "bad money drives out good" suggests that demurrage fees would mean that a currency would suffer more rapid circulation than competing forms of currency. This led some such as German-Argentine economist Silvio
Good Girl Gone Bad Good Girl Gone Bad Good Girl Gone Bad is the third studio album by singer Rihanna. It was released on May 31, 2007, by Def Jam Recordings and SRP Records. Rihanna worked with various producers on the album, including Christopher "Tricky" Stewart, Terius "Dream" Nash, Neo da Matrix, Timbaland, Carl Sturken, Evan Rogers and StarGate. Inspired by Brandy Norwood's fourth studio album "Afrodisiac" (2004), "Good Girl Gone Bad" is a pop, dance-pop and R&B album with 1980s music influences. Described as a turning point in Rihanna's career, it represents a departure from the Caribbean sound of her previous releases, "Music