Don't you fuel asset bubbles by targetting 0% interest at all times ?
If your incentive is to just get rid of your money because of the inherent penalty, aren't you tempted to, say, buy overpriced houses, to use a recent example ?
If your incentive is to just get rid of your money because of the inherent penalty, aren't you tempted to, say, buy overpriced houses, to use a recent example ?
With Freicoin we're talking about counter-balancing that liquidity premium (which, historically, has always been around 5%), thereby eliminating basic interest and keeping price levels stable.