12 of 14 people found the following review helpful:
5.0 out of 5 stars
No more wars or privation. Everybody wins!, May 18, 2002
By A Customer
This review is from: Interest and Inflation Free Money: Creating an Exchange Medium That Works for Everybody and Protects the Earth (Paperback)
Inflation is just another way of saying the government cannot pay the interest on its war debts and has to print more money to cover the payments, devaluing the federal reserve notes you earn.
Interest is a huge wealth transfering machine, from the suffering to the already obscenely wealthy.
All of America is laboring under some terrible delusions today.
And a host of evils fall upon our heads. Desperate, driven, unhappy unhealthy populations suffer to pay back imaginary money. Families suffer, society becomes unsafer, children are unloved because they have parents who have no time for them. The next generation is being trained to endure hardship, and work longer and longer hours only to give away the fruits of their labor. Minds are wasted and the wondrous inventions that they might have come up with are lost... Knowledge of life-saving and health promoting methods are repressed. Our lives have been stolen from us, and the existence were are permitted is miserable. We are walking abortions. Permitted to have our bodies, but denied our lives.
This tiny little book shows the way out. The systems in this book stimulate an economy so well that even artists flourish, and it even tends to redistribute land: the only real wealth. Towns like Utica NY have tried it and it works beautifully, And the best of it is that "the Big boys" get to keep theirs, so the system is no threat to them. In fact, instead of having to worry about their holdings being eaten by inflation, they pay only a very small holding fee (say, 2%/yr.) to the banks if they don't want to participate. Much less worry for them, too, because even their fortunes suffer from being eaten by 4-6%/yr inflation.
It is all the more imperative that we take just a few minutes to read this simple little book now, because, over the next few years, 90% of the workforce will become unnecessary (see Jeremy Rifkin, "The End OF Work"). About 350 people own as much of the world as 40% of the rest of the world population. How long do you think they will need you?
Besides, for the believers in the Bible and the Torah among us, "Woe be to him who sells money at interest, for he sells what Does Not Exist". Do you really think that God just meant to not sell money to "foreigners"? That was when he was talking to a few tribes that he had chosen to build a better world for themselves. We are all one world family now. That means you, too, if you have an interest bearing bank account, pay a mortgage, are buying a car, or use credit cards.
And even if you think you pay interest only if you borrow money, think again! There are interest costs in everything you do including paying for your trash collection.
There is an easier and better way. Margrit Kennedy explains it much more succinctly than I can write this review...
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6 of 6 people found the following review helpful:
5.0 out of 5 stars
Important Book, December 1, 2002
By A Customer
This review is from: Interest and Inflation Free Money: Creating an Exchange Medium That Works for Everybody and Protects the Earth (Paperback)
Someday humanity will look back on this book and wonder why its methods were not put into practice generations sooner. Better late than never. Free yourself. Become part of the solution.
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6 of 6 people found the following review helpful:
5.0 out of 5 stars
Step By Step Guidebook For Monetary Change, December 1, 2002
By A Customer
This review is from: Interest and Inflation Free Money: Creating an Exchange Medium That Works for Everybody and Protects the Earth (Paperback)
No need to reinvent the wheel. This book explains how money works for those who already have too much and against those who are really creating the wealth. Then it shows examples of systems tried and shown to be effective in keeping the productivity in the hands of the creators and at the same time allowing the already-rich to keep their security. No guesswork necesary. A complete guide to making changes that are long overdue in this nation and hopefully on this planet. Imagine working your fair share of time and prospering while the earth has a chance to recover from merciless plunder. Don't dream it: BE it!
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