By Margrit Kennedy, Susan Meeker-Lowry
ISBN-10: 0865713197
ISBN-13: 9780865713192
This publication exhibits how, at this actual cut-off date, the switch to a proposed new financial method may well create a win-win scenario for everybody. it could possibly support to increase, eventually, a sustainable economic system.
Read or Download Interest and Inflation Free Money: Creating an Exchange Medium That Works for Everybody and Protects the Earth PDF
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Additional info for Interest and Inflation Free Money: Creating an Exchange Medium That Works for Everybody and Protects the Earth
Sample text
An exchange network which advertises through billboards, newspapers, data banks, radio, or other means, gives people the chance to share these skills with one another, and enrich the life of the community in the real sense of the word, without using the established money system. Of all exchange models LETS is the most widely used. , Australia, Europe, New Zealand and many other countries. The first was established by Michael Linton in January, 1983, in Comox Valley, Vancouver Island, British Columbia, Canada.
A monetary system which expands with growing needs but stops when these needs have been met almost automatically creates a winwin situation for everybody in the long run. Even in the short run, in a crisis situation, which is what we are in right now. What women will want most for themselves and their children is that, instead of another of the hard revolutionary transitions which have caused such an endless amount of human misery in the past, the change - if it could happen before the crash - would provide a soft evolutionary transition.
This is often advocated by progressive economists and, in fact, is already happening. However, unless the basic flaw in the money system is abolished, the next crisis is preprogrammed. Therefore, one of the important steps for a more stable economic system on a world-wide scale is to make known among those who would undoubtedly gain most - the poor and the developing countries - that an alternative system could be chosen. THE CHURCHES AND SPIRITUAL GROUPS Many of the great political and religious leaders such as Moses, Jesus Christ, Mohammed, Luther, Zwingli and Gandhi have tried to reduce social injustice by prohibiting interest payments.
Interest and Inflation Free Money: Creating an Exchange Medium That Works for Everybody and Protects the Earth by Margrit Kennedy, Susan Meeker-Lowry
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