Self depreciating money?

[ebacon]

Bobabode's post regarding Rand Paul inspired me to bring up this idea. It hit me earlier today while vacuuming. Such is the lameness of ideas.

Our political discomforts seem to be hinged on which club has enough money to carry out their visions. That seems to be why one side hates gold and another side hates printing cash.

The trend solution seems to be heading in the direction of a universal global currency such as BitCoins. The idea, I guess, is that the people with the best marketing ideas will end up as the winners.

What is missing in that idea is the urgency of being kind to each other.

What if instead of gold or BitCoins, we implemented a system of currency that became worth less as time went on?

The idea is merely a seed. It seems that generations of thinkers have tried to implement such a system through estate taxes, progressive income taxes, and the like.

The difference between those systems and self-depreciating currency might be one of time. How long is long enough? One generation such as twenty years? I don't know. But a time certain might be a step in the right direction. It seems that people want certainty in their lives.