Wörgl is an important railway junction between the line from Innsbruck to Munich, and the inner-Austrian line to Salzburg. Its railway station has been designated as a Hauptbahnhof (German: main station) since 10 December 2006.Worgl was the site of the "Miracle of Wörgl" during the Great Depression. It was started on the 31st of July 1932 with the issuing of "Certified Compensation Bills", a form of currency commonly known as Stamp Scrip, or Freigeld. This was an application of the monetary theories of the economist Silvio Gesell by the town's then mayor, Michael Unterguggenberger.
The experiment resulted in a growth in employment and meant that local government projects such as new houses, a reservoir, a ski jump and a bridge could all be completed, seeming to defy the depression in the rest of the country. Inflation and deflation are also reputed to have been non-existent for the duration of the experiment.
Despite attracting great interest at the time, including from French Premier Edouard Daladier and the economist Irving Fisher, the "experiment" was terminated by the Austrian National Bank on the 1st September 1933.
In 2006 milestones were placed, beginning from the railroad station through the downtown, to show this history.
