Host Kathleen Stephenson speaks with Margrit Kennedy, an outspoken critic of the current global economic system and an internationally-renowned advocate of alternative regional and complementary currencies, about her new book "Occupy Money: Creating an Economy where Everybody Wins."
Compound interest and inflation have caused our monetary system to balloon to the point where bailing out banks, large corporations, and even entire countries will not prevent a complete breakdown of the global economy - unless we change the system in fundamental ways. Margrit Kennedy says it's time for a grassroots movement to knock conventional money off its pedestal and replace it with a fresh paradigm that puts people before profits.
Margrit Kennedy's most famous book, "Interest and Inflation-Free Money: Creating an Exchange Medium that works for Everybody and Protects the Earth" has been translated into 23 languages and is considered a landmark work in the field of sustainable economics. Margrit also coauthored (with Bernard Lietaer)" Regional Currencies: A New Path to Sustainable Prosperity," which is a standard of the regional money movement.
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