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 capi… - Margrit Kennedy

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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.

English
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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.

Also Known As

Alternative Names: Margrit I. Kennedy

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Additional quotes by Margrit Kennedy

As time goes on, those who think that they live in democracies will live at best, in oligarchy or at worst under fascist regimes. In medieval times, people thought they were badly off when they paid tithes; a tenth of their income or produce to the feudal land lord. In this respect, they were better off than we are nowadays. Today more than one third of DM or dollar goes to service capital. Those who gain most are the super rich, multinationals, big insurance companies and banks.

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