Margrit kennedy interest and inflation free money pdf

Margrit kennedys interest and inflation free money. Margrit kennedy 193920 permaculture pioneer permaculture. The fundamental evil is the arithmetic of compound interest. You can download a fully indexed pdf version over 800 pages here. Because inflation is perceived as a given, economists and most people believe interest is needed to counteract inflation, while in fact interest is the major cause of inflation. Margrit kennedy speaks on interest free economy youtube. Interest and inflation free money pdf margrit kennedy. Creating an exchange medium that works for everybody and protects the earth, margrit kennedy, new society publishers, philadelphia, pa, usa and gabriola island, bc, canada, new revised and expanded edition, 1995.

Margrit kennedy rente og inflationsfrie penge hvordan man skaber et oms. Margrit kennedy explained that compound interest is inflationary in and of itself. But it aint going away any time soon, though it almost certainly must do in the degrowth economy that the planet needs. Linked from this page are a whole bunch of useful online documents and downloads related to money. So here comes another personal summary of a book i read. Finally, the concentration of extra money in the economy leads to inflation. Margrit kennedy, who have known each other for a few years and. In the new money system we abolish interest and inflation, thereby reducing the prices of all goods and services as well as taxes by about 40%. To me the crossing margrit kennedys inflation free money system idea with sustento institute sovereign money dialysis transition idea we would end up with a national currency for projects of national significance and necessities of life but local currencies at users own risk of course could once again operate as they use to prior to. Margrit kennedy changes in the money system duration. The article shows that the need for permanent payment of interest leads to the concentration of increasing supply of money in money circulation, which does not participate in economic transactions and, therefore, in the creation of added value. Creating an exchange medium that works for everybody and protects the earth. Capital one margrit kennedy interest and inflation free money pdf financial corporation.

Pdf silvio gesell 18621930 proposed a system of stamped money in order to accelerate monetary circulation and to free money from. The result is that people will not even provide zerorisk, inflation corrected credits unless a certain interest rate is offered. Margrit kennedy born 21 november 1939, in chemnitz is a german architect, professor, environmentalist, author and an advocate of complementary currencies and an interest and inflationfree economy. Oct 27, 2008 linked from this page are a whole bunch of useful online documents and downloads related to money. Interest on debt rises exponentially, while economic activity is linear. This was part of a global socialist system intended to free the. Kennedy, interest and inflation free money, 1995 and occupy money, 2012. Understanding and creating alternatives to legal tender pdf by tom greco draft of healthy money healthy planet. Margrit kennedy, who have known each other for a few years and met for the first time on our convention in. Margrit kennedy, architect, permaculturist and founder of occupy money. Yet this debt need not exist in the first place and the interest payments on it are therefore incurred. It reduces the purchasing ability of money, undermines the possibilities of economy regulation, structural transformation, restoration of distorted proportions, distorts the real picture of the financial. Margrit kennedy received the swedish award called utstickarpris for her work on the monetary system. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext.

She was one of the first generation of permaculture pioneers, and an important mentor and role model for me as a young permaculture teacher and designer in the 1980s. Margrit kennedy november 21, 1939, chemnitz december 28, 20, steyerberg was a german architect, professor, environmentalist, author and world authority on and advocate of complementary currencies and an interest and inflation free economy. Margrits key passion and focus moved into the arena of sustainable economics, complimentary currencies and inflationfree money. Margrit kennedy interest and inflation free money userpage. Lietaer in het nederlands alleen nog gratis online beschikbaar. Kennedy, margrit, interest and inflation free money. Developing sustainability through new money systems by deirdre kent. Margrit kennedy is an outspoken critic of the current global economic system and an internationallyrenowned advocate of alternative regional and complementary currencies. Invest a little time in reading interest and inflation free money by margrit kennedy. So, instead of wasting time at lse which served just a temporary reception room, i learned the real truth. The problem goes much deeper than a few crooked operatives and it will not be fixed by changing the corporate culture. Margrit kennedy 1995 interest and inflation free money chapter two, creating an interest and inflation free money, p. People money the promise of regional currencies monneta.

Monetary reform, land reform, and ecological tax reform are the key building blocks of a socially. Her pioneering book interest and inflationfree money was first published 20 years ago, in 22 languages. Interest and inflation free money published by seva international. Freigeld simply reduces this primordial interest rate, which is estimated to be somewhere around 3% to 5%, by an absolute, in order to lower the average interest rate to a value around 0. Creating an exchange medium that works for everybody and protects the earth, revised edition gabriola island, bc. Topic 2 principles of moneytime relationship interest. Moneytime relationship equity capital and debt capital equity. His chief specialty is political economy, with a specific concentration on the connection between finance and political regimes. Interest and inflation free money by margrit kennedy extract of money. May 26, 2016 invest a little time in reading interest and inflation free money by margrit kennedy. The right of margrit kennedy, bernard lietaer and john rogers to be identified. Jan 11, 2014 to me the crossing margrit kennedy s inflation free money system idea with sustento institute sovereign money dialysis transition idea we would end up with a national currency for projects of national significance and necessities of life but local currencies at users own risk of course could once again operate as they use to prior to.

Her book regionalwahrungen regional currencies, coauthored by bernard lietaer has spawned 70 regional currency initiatives in the german speaking parts of. Promoted than men, and that had men and women faced the. It is noted that inflation negatively affects the finances, monetary and the entire economic system. Only 10% of the population profit from the interest system, while 90% lose through interest contained in all prices. Margrit kennedy, architect, ecologist and money expert. That means that sooner or later those in a weaker position are unable to pay. Margrit kennedy, author, interest and inflationfree money creating an exchange medium that works for everybody and protects the earth.

Introductory reading ecology of money and short circuit by richard douthwaite community currency guide pdf by bernard lietaer and gwendolyn hallsmith interest and inflation free money by margrit kennedy extract of money. Margrit kennedy was a german architect, professor, environmentalist, author and world authority on and advocate of complementary currencies and an interest and inflationfree economy. Creating an exchange medium that works for everybody and protects the earth, first published in 1987 and updated repeatedly afterward, last time in 2006 in german anyway. It is maintained by a monetary authority to be spendingpower stable no inflation or deflation by means of printing more money or withdrawing money from circulation it is cash flow safe a scheme is put in place to ensure that the money is returned into the cash flow for example, by demurrage requiring stamps to be purchased and. Creating an exchange medium that works for everybody and protects the earth, revised edition gabriola island. King, is the invisible wrecking machine in all socalled freemarket economies. Creating an exchange medium that works for everybody and protects the earth kennedy, margrit, kennedy, declan on. There is only one true and lifesaving teaching, that saves the life on the earth. Margrit kennedy born 21 november 1939, in chemnitz is a german architect, professor, environmentalist, author and an advocate of complementary currencies and an interest and inflation free economy. Refuting kennedys interest and inflation free money theory. But she found interest doesnt treat everyone equally. As a medium of exchange, money is one of the most ingenious inventions. What are the other resources except money, which are needed. One is an idea for interest free lending that has been successfully.

A german town planner once decided to investigate the causes of unsustainable development. For her book, interest and inflation free money, margrit kennedy calculated that, on average, approximately 50% of what west germans spent in 1982 was interest. She ended up writing a little book called interest and inflation free money use the linkto prof. The article analyzes the public spending of inflation and the reasons for its permanence. What are the other resources except money, which are. Margrit kennedy 1995 interest and inflation free money. Apr 08, 2010 margrit kennedy speaks on interest free economy.