Interest - Margrit Kennedy
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Uploaded on Oct 31, 2011
Professor Dr. Margrit Kennedy describes how flaws in the money system cost us all about 40% extra for everything - interest costs. Interview by Dimitri Devyatkin.
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All Comments (10)
Phil Hershkowitz 5 months ago
The people collecting and benefiting from interest will NEVER admit this. The shift must be a grass roots movement. Act locally - think globally!
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Einar Davidsen 8 months ago
How typical that an economist or financial whiz was not able to analyze this correctly!
Thank you Margrit!
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MiccaPhone 8 months ago
excellent. this is true hope.
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truthbomb1 1 year ago
Interest/usury/riba charged on money creation/lending is mathematically unsustainable. Victims are an inevitable certainty over time. 1% interest charged on gold/silver money with 100% reserves will create victims too. The backing is NOT the issue. Interest/usury/riba is the problem and completely unnecessary. We can have more money, banking, and lending without interest. We can fund a voluntary society with a points only banking/lending system.
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Douwe Beerda 1 year ago
Her publication, Interest and Inflation free money can be downloaded in PDF form on kennedy-bibliothek.info/data/bibo/media/GeldbuchEnglisch.pdf
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ecocreditfan 1 year ago
Thanks for transporting the insights!
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