“The absurdity of monetary system which robs people first of their fair share in the "free market economy" and then - through some of the most inefficient procedures imaginable - returns some of this money in the form of welfare payments to the same people, has rarely been exposed by the "experts" nor been discussed in public.”
“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.”
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 p...”
Margrit Kennedy
“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.”
Margrit Kennedy
“As soon as interest is abolished, inflation becomes unnecessary...”
Margrit Kennedy
“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
