Demurrage forces the entire stock of money to circulate irrespective of the desire of the wealthy to accumulate and store; banks, financiers, and corporations can no longer hoard money waiting for higher interest rates or a more favorable investment climate as the demurrage acts as a tax on stagnant money.
On average per capita, sure, but it evens out the distribution of money, which does lead to a more vibrant economy with more opportunities for innovation.
Demurrage forces the entire stock of money to circulate irrespective of the desire of the wealthy to accumulate and store; banks, financiers, and corporations can no longer hoard money waiting for higher interest rates or a more favorable investment climate as the demurrage acts as a tax on stagnant money.
On average per capita, sure, but it evens out the distribution of money, which does lead to a more vibrant economy with more opportunities for innovation.
You said it all in one word there: innovation.