Its the monetary system, stupid! Interview with Prof. Bernd Senf 1-12.flv

Most people acquiesce in the interest rate system like a duck takes to water, but it causes the obligation to economic growth, invalidates democracy and market economy and it even abets wars. And with the way money is created nowadays the interest rate system madness is even perfected. Referring to Montesquieu you can even say: As long as money is combined with interest there cannot be freedom. Read these 4 pages, too: http://www.webinformation.at/material/debtmoney.pdf

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• It's the monetary system

[mckdlee]

the webinformation link from the drop down box above didn't work for me

[SilvioGesell100]

@mckdlee Thank you for the hint; one dot too much;-) Works now.

[kolkrabe19]

4.44 "Es braucht eine Grundlage von Zentralbankgeld" D.h. die Geschäftsbanken brauchen als Grundlage ihres virtuellen Leihgeschäfts Anteile/Einlagen bei der Zentralbank, um auf dieser Grundlage, entsprechend der Höhe ihrer Anteile/Einlagen, dann legal Giralgeld zu "schöpfen", in Umlauf zu bringen ?

[SilvioGesell100]

@kolkrabe19

Sie brauchen eine Mindestreserve an Bargeld (das natürlich von der Zentralbank stammt). Das wird im Laufe des Interviews aber ohnehin erklärt.

[SilvioGesell100]

@CarstenIQ

My uploads would be in chronological order, on my channel.

[mckdlee]

the webinformation link from the drop down box above didn't work for me