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322 pages, Kindle Edition
First published January 1, 2016
I read recently in La Repubblica that the Federal Reserve are worried about deflation: people are not spending as much, prices are falling, a crisis worse than in times of deflation. So they propose a perishable dollar -- in other words, a banknote with a magnetic strip that gradually loses value, and also loses value if you keep if in the bank.I’m sure Eco was telling the truth when he said this absurd proposal appeared in an Italian newspaper, but he should have had enough sense to check for himself. Failing that, the editor or publisher should have either cut this essay out of the collection, or noted this silly mistake for what it was.