Skip to content

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.

— Margrit Kennedy Interest and Inflation Free Money (1995)

Another quote →

More quotes by Margrit Kennedy

The monetary system we have inherited is more than 2,000 years old.

Interest and Inflation Free Money (1995)

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.

Interest and Inflation Free Money (1995)

As soon as interest is abolished, inflation becomes unnecessary...

Interest and Inflation Free Money (1995)

Women overwhelmingly carry the load of the economic chaos and social misery caused by the present money system everywhere in the world.

Interest and Inflation Free Money (1995)

Social justice, ecological survival and freedom are threatened where we allow the proliferation of societal structures which in themselves tend to work against these goals.

Interest and Inflation Free Money (1995)

All Margrit Kennedy quotes →

Attribution

Quote text and notes from Wikiquote: Margrit Kennedy (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.