Margrit Kennedy: Interest

Margrit Kennedy was German architect. Explore interesting quotes on interest.
Margrit Kennedy: 24   quotes 0   likes

“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

Source: Interest and Inflation Free Money (1995), Chapter Two, Creating an Interest and Inflation Free Money, p. 37 (See also: Wörgl Austria.)

Money , People

“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.”

Margrit Kennedy

Source: Interest and Inflation Free Money (1995), Chapter Three, Who Would Profit From a New Monetary System?, p. 76

Communication

“As soon as interest is abolished, inflation becomes unnecessary…”

Margrit Kennedy

Source: Interest and Inflation Free Money (1995), Chapter Two, Creating an Interest and Inflation Free Money, p. 41

“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

Source: Interest and Inflation Free Money (1995), Chapter Three, Who Would Profit From a New Monetary System?, p. 66

Money