Evolution beyond Money: Money as Debt part III

Paul Grignon produced Part I and Part II of Money as Debt.

This Part III is the most lucid of all. It points to:

1. the main cause of paying ‘interest’
2. the ‘interest’ not being generated by anybody
3. the man with the money has enslaved the man without it – just like the real world
4. ‘flow’ is the real measure of economic activity
5. what is ‘flowing’, is credit or ‘promises to pay’
6. money = promises of future productive work
7. interest= reduced future spending power.

Money is lent twice.

1. first we borrow ‘money’
2. then we borrow ‘money’ to pay ‘interest’.

Related articles

• What’s so dishonest about our money system?
• Money As Debt II-Promises Unleashed-Full Length Documentary (disclose.tv)
• Money as Debt: A video that will forever change your thinking about money (ecohappiness.com)