“One day I found out that personal history was no longer necessary for me and, like drinking, I dropped it… Little by little you must create a fog around yourself; you must erase everything around you until nothing can be taken for granted, until nothing is any longer for sure, or real. Your problem now is that you’re too real. Your endeavors are too real, your moods are too real. Don’t take things so for granted. You must begin to erase yourself.”
Carlos Castaneda

Journey to Ixtlan

Margrit Kennedy – Inavoidable Debt

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Before watching this short video I had a naive thought that I, having moved out of mainstream society (without incurring debt) have evaded the horrific debt machine. This video, though gentle, tore through my naivety.

Since most of the world is indebted (by definition and by design) most of the things we purchase also carry debt with them. If, for example, you shop at a business that was established with loans and mortgages then the prices you pay for their products and services include the costs of those debts. According to the video, about 40% of the prices we pay is to cover debt and not actual products/services or their underlying values (materials, work, skills, etc.).

Since I am a very poor consumer this is still a lesser part in my life … but still … astonishing.

Margrit Kennedy on Interest Free Economy from Complementary Currency on Vimeo.

via CCMagazine

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