I recommend doing what Karl Fitzgerald, presenter of 3CR’s The Renegade Economists, suggests at the outset of the program on 20 February 2012: “Put your listening ears on” to hear Dr Adrian Wrigley background how Germany’s land-based currency, the Rentenmark, fixed Germany’s 1920s hyperinflation overnight.
Could the principle be employed to repair Europe’s current financial collapse?
It’s a fact-filled interview.
There’s more information on Adrian Wrigley’s Systemic Fiscal Reform Group here.