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Friday, October 20, 2017

Interest-free banking

Posted by steve on October 19, 2010

This simple film below highlights the Swedish JAK Bank that offers interest-free loans. Interestingly, it explains how most sectors of society pay interest but one actually earns more than it pays.

It also explains how interest drives economic growth which itself drives a drawing down of ecological and mineral resources.

Altogether a compelling argument for money system reform.

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