How would you feel if your money expired like milk turning sour? Money with an expiry date, aka demurrage currency, might seem nuts, but could soon be coming to a central bank near you.
Everyone knows of Frankenstein, the story of an experiment to cobble together a super-human from remnant parts of corpses, that goes horribly wrong. Governments are trying something similar right now with money – called CBDCs – and the results could be just as ugly and out of control as Frankenstein’s monster.
Money is changing. Governments are waging wars on cash and crypto, citing issues around anonymity and crime, but is there a more sinister reason?