You have not answered why you think its ok to earn a profit by renouncing to use a car (f.e.) for some time but its not ok if its money.
Just enough houses to meet demand. Just enough houses to drop the capital yields to zero like profits do naturally.
They dont drop to cero naturally. They tend to zero because of competition, but then new products or improvements on previous products appear which allow someone to charge more for a while... and again and again.
With freicoin, for example, you would still have interest rates and information, but they would be around zero instead of around 3, 4, 5 or whatever you consider natural.
But I though interest rates were bad? Anyway, freicoin would not have low interest rates. While it lasted the lack of demand for the money would push price inflation up thus interest rates up. Then freicoin would disappear as people choosed another currency.
Ripple is fine. Its a system that monetizes real goods. I have not followed the project and I dont know why it has not developed more but its a shame that it hasnt.
Why was good in Worgl during the great deppression and many neighboring villages wanted to copy the system (until the central bank prohibited it)?
2 issues. 1) During the Great Depression there was a contraction on credit and alternative currencies help mitigate the lack of cash. Almost any alternative method of payment would have helped. 2) It did not last. Monetary events take years and decades to develop. You can not judge a currency for a few years opperating, dont you think?
The idea of Gesell wasn't the more money circulation the more wealth. His idea was "what goes to interest and capital yields doesn't go to wages and profits"
Why? The same could be said from any kind of activity that produces profit.
and "Interest artificially limits capital accumulation".
Why? Im guessing he will say that it pushes money into a few hands thus money does not circulate and the economy does not perform good enough.