In the new money system we abolish interest and inflation, … - Margrit Kennedy

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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%.

Margrit Kennedy

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About Margrit Kennedy

Margrit Kennedy (November 21, 1939, Chemnitz - December 28, 2013, Steyerberg) was a German architect, professor, environmentalist, author and an advocate of complementary currencies and an interest and inflation-free economy.

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Alternative Names: Margrit I. Kennedy

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Originators like Margrit Kennedy:

Bernard Lietaer Friedrich Hayek Milton Friedman David Orrell Murray Rothbard

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The monetary system we have inherited is more than 2,000 years old.

Instead of paying interest to those who have more money than they need and in order to keep money in circulation, people should pay a small fee if they keep the money out of circulation.

The historic opportunity now is to present an interest free economy as a third type of solution which is to be found neither in communism nor in capitalism but transcends both.

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%. - Margrit Kennedy

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