Interest and Inflation Free Money: Creating an Exchange Medium That Works for Everybody and Protects the Earth

Interest and Inflation Free Money: Creating an Exchange Medium That Works for Everybody and Protects the Earth

Language: English

Pages: 144

ISBN: 0865713197

Format: PDF / Kindle (mobi) / ePub


A simple book about how money works and for those who want a more just and responsive economic system. Essential reading for everyone concerned with economic impacts on societies, the environment and even world peace.

 

 

 

 

 

 

 

 

 

 

introduction of an interest-free money system would be of particular importance for this societal sector which secures our survival. Interestfree loans, combined with land and tax reforms (see Chapter 2), might allow a larger number of people than presently expected to return to the land. Together with new methods of sustainable agriculture, we may witness the evolution of a different lifestyle, combining work and leisure, hand and "brain" work, high and low technology, to serve a more holistic

Money is one of the most ingenious inventions of humankind, as it helps the exchange of goods and services and overcomes the limits of barter, that is, the direct exchange of goods and services. For example, if you live in a village which relies entirely on barter, and you produce works of art but there is nobody to exchange your artwork with except the undertaker, you will soon have to change your occupation or leave. Thus, money creates the possibility for specialization, which is the basis of

more land became available, the price of land would fall and more people would have a chance to use the available land in a productive manner. Mainly in developing countries, this could have a considerable effect on food production, as the diminishing ratio of food in comparison to the amount of people to be fed is not a question of agricultural technique, but a question of the availability of land for small scale farms. Whether in developing or industrialized countries, the tenants would have

more land became available, the price of land would fall and more people would have a chance to use the available land in a productive manner. Mainly in developing countries, this could have a considerable effect on food production, as the diminishing ratio of food in comparison to the amount of people to be fed is not a question of agricultural technique, but a question of the availability of land for small scale farms. Whether in developing or industrialized countries, the tenants would have

following main benefits: (1) the elimination of inflation; (2) the increase of social equity; (3) decreasing unemployment; (4) the lowering of prices by 30-50%; (5) an initial economic boom; (6) and thereafter a stable economy. FLAWS IN THE MONETARY SYSTEM In most countries, the monopoly to print money rests in the hands of the central government. Any trial run of the new money system, therefore - even on a smaller regional scale - would have to be supported by the government. Obviously the

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