Wednesday, December 15, 2010

Toothpick Bridge Free

Why an interest-free parallel currency?

We see today that themselves - after a remarkable success story - the impact of beliefs that are based on our economic exchanges, into its opposite. The core of these beliefs is the idea that it was best for us all, if everyone strives for, after his best advantage. This idea is expressed in the claim directly from the capital on interest and compound interest. Because this increase over time of each capital asset, in principle, to infinity. That the idea of compound interest is absurd in itself, because it all has claimed (because of compound interest charged is just right in principle, infinite), is obvious. Nonetheless, in the interest rate with remains an indispensable element of our financial and economic system, even if the negative consequences become obvious: More ...

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