JAK Scool in English Malmö 7-9 August: Credit - good or bad

[Johannes K]

Here is a first subject to have a continued conversation about after the JAK School in Malmö. (The subject was proposed by Naiefa in an e-mail.)

I think that one of the main problems is the way money is created and the interest that is connected with it. Most of our money is created by credits given by banks. It does not have to be that way!

There are many examples in history of how money has been produced in other ways. Se for example the excellent film "Money as debt" or "The money masters" the can be seen at You tube or Google video.

If money is created in an other way credit does not have to be negative in my opinion.

What are your thoughts about this?