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 Times Bad Times Good Times Bad Times "Good Times Bad Times" is a song by the English rock band Led Zeppelin, featured as the opening track on their 1969 debut album "Led Zeppelin". The song was released as a single in the US, where it reached the Billboard Hot 100 chart. For the lead guitar solo, guitarist Jimmy Page fed the output from his Fender Telecaster guitar through a Leslie speaker to create a swirling effect. Jones says that the riff he wrote for this song was the most difficult one he ever wrote. "Good Times Bad Times" was rarely played live at