Die Vereinbarkeit von negativem Geldmengenwachstum mit Hyperinflation In seinem Aufsatz kommt Gersbach (1993) zu dem Ergebnis, daß Hyperinflation mit negativem Geldmengenwachstum vereinbar sei. Im Gegensatz hierzu wird in unserem Kommentar gezeigt, daß nur akzelerierendes Geldmengenwachstum zu...

We suggest that flexible majority rules for currency issuance decisions foster the stability of a cryptocurrency. With flexible majority rules, the voteshare needed to approve a particular currency issuance growth is increasing with this growth rate. By choosing suitable parameters for these...

How society should deal with the self-strengthening Tech Giants is a muchdiscussed issue. We suggest to democratize them by giving users a say in their decisions. With newly-developed collective decision rules and user councils, democratization of Tech Giants becomes feasible.