#50-24 No Interest! Inflation-free money

The subprime lending crisis and the national debt crisis have something in common – interest. Margrit Kennedy (1939-2013) was a German architect, professor, environmentalist, author and advocate of complementary currencies and an interest- and inflation-free economy. In 2011, she initiated the movement Occupy Money. 
In this interview she explained how interest creates inflation, and eventually collapses economies, and proposes a different system of money circulation called demurrage.

Credit: Interview by Frieda Werden, WINGS series producer

http://www.radio4all.net/files/wingsradionews@gmail.com/WINGS-50-24Interest-28_49-128kbps.mp3