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 th… - Margrit Kennedy

Money does not only help the exchange of goods and services but can also hinder the exchange of goods and services by being kept in the hands of those who have more than they need. Thus it creates a private toll gate where those who have less than they need pay a fee to those who more money than they need.

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.

It takes some audacity for a non-economist to write a book about economics, especially if the book deals with one of the yardsticks of the profession, i.e., money.