“Once it has learned to dream the double, the self arrives at this weird crossroad and a moment comes when one realizes that it is the double who dreams the self.”
Carlos Castaneda

Tales of Power

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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