Margrit Kennedy speaks on interest free economy

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Uploaded by on Apr 8, 2010

Margrit Kennedy speaks on interest free economy

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  • @EarthaKit2 neither can you store, or eat, services.

  • INTEREST IS THE CAUSE OF DEPRESSIONS THROUGH DEFLATION BECAUSE OUR MONEY IS LOANS THAT MUST BE REPAID PRINCIPAL AND INTEREST. Margit Kennedy's analysis is consistent with Irving Fisher's Debt-Deflation theory of depressions. These You Tubes present an American National Credit populist solution: peKEzwwhfaA fdD4gcbmKEk p_wv4NTNrxU Ha-3xYcu5Yw - a variation of Soddy, Kitson, CH douglas, Gotfried Feder ideas. Let the world unite behind this sound economics.

  • Mutualism FTW

  • 2 main causes of inflation

    Price inflation which is a direct cause of interest charged on fraudulent debt , interest that never created nor issued.

    Circulatory inflation never happens cause the circulatory deflation is depleting at a greater rate than any circulatory inflation. Why? Because the commercial banks are laundering ALL principal on conception by the obfuscation of OUR promissory obligations to each other then again laundering the fraudulent exchange by interest thats never created.

  • When we go to a bank for a loan we are not borrowing,there is no debt rather one is the obligor who creates principal only & its the obligors obligation to pay down or retire the creation from circulation over time in order to defeat circularity deflation,the bank dose not retire the obligors payments rather they do the opposite & keep the payments falsely claiming to be the creditor causing endless circulatory deflation.This is the cause of national debt in an attempt to keep circulation vital.

  • @EarthaKit2 Papermoney is not the same as Gold or Silver... Gold and silver have a real value, there is only so and so much gold and silver avaiable. Paper "represents" value, and since the 70ies it is fiat-money. That means it does not represent real value like for example Gold, when there was a gold standard. It represents "trust in the government" and that varies. Also it represents a loan, and it decreases in value (inflation). $1000 today in your pillow, is worth about $700 in 10 years.

  • That´s the truth!!!

  • @ftapon Lookup "Fractional-reserve banking" for answers to your comment.

  • The rich loan to the poor. Can it be any other way?

    "Exponential growth in nature is a sign of sickness." Wrong. It's a sign of vibrant health! Of abundant resources! Ever living thing grows exponentially until resources die out.

    The Jesus 1 cent idea is a complete miscalculation. If it were true, then we'd all be billionaires.

    3% is notes/coins. Yeah, that doesn't mean the 97% is debt!

    If you want an interest free economy, go to a hardcore Muslim country. Islam prohibits charging interest.

  • But, she still proposes the usage of "money." The coinage, the paper, or gold & silver, what's the differrence?

    It all was started by the Elite /Controllers of Humanity, be they Anxcient Babylonians, Venician bankers or Masons- SO FORGET IT!

    To whom is gold and silver, these metals, to whom are they precious?

    & tptb hv taught us, Indigenous Peoples to this Earth, the same? Can one eat gold? Be warmed by it? Have love of the heart?

    Better have Goods & Services!

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