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Quote by Bernard Lietaer

“Money is created through bank debt. When you go for a mortgage through a bank, they give you $100,000 to buy a house and basically send you out into the world to bring back $200,000 in the next twenty years. The first $100,000 is principal, and the second is interest.”

Author

Bernard Lietaer

Bernard Lietaer is an accomplished civil engineer, born in 1942. He has extensive experience and notable achievements in the field of civil engineering, particularly in bridge and tunnel design. more

“When the banks create the money, they don't create the interest. They send you into the world to compete with everybody else to get the second $100,000 that never was created and bring it back to them. So if we're in a world with zero-growth population, goods, services, and money, the problem would be obvious.”

Ifs World Problem Would Be Growth Interest Population Obvious Goods Zero

Author:Bernard Lietaer

“When I was starting as an anime director I wanted to be known for great things. I never wanted to be known for some overblown toy commercial.”

Wanted Known Directors Starting Great Things Toys Anime

Author:Yoshiyuki Tomino

“Complementary currencies work in addition to existing money, rather than replacing existing, official money. There are whole different families of complementary currencies. One of them is local currencies. One is regional currencies. Another is functional currencies. Another is social-purpose currencies.”

Different Whole Purpose Social Locals Officials Currency Complementary Different Families

Author:Bernard Lietaer

“As I began researching butterflies, however, the monarch stood out among all of them. It's the only butterfly - the only insect - that migrates like a bird or a whale!”

Bird Butterfly Insects Whales Monarchs Migrate

Author:Mary Alice Monroe