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Figure 12 Interest Rate vs. Unemployment and Bankruptcies A practical comparison of rising interest rates and increasing bankruptcies in business and industry, as well as unemployment rates following with a time-lag of about two years (Figure 12) provides another compelling argument for the introduction of an interest-free monetary system. Also, social costs like alcoholism, families breaking up and increases in criminal behaviour are additional costs which are not taken into account in the above statistics but could be effectively reduced by the monetary reform.

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Margit Kennedy (!) - Interest and Inflation Free Money  

Copyright 1995 by Margrit Kennedy) (Published by Seva International; ISBN 0-9643025-0-0; 1 2 LIST OF FIGURES:..................................

Margit Kennedy (!) - Interest and Inflation Free Money  

Copyright 1995 by Margrit Kennedy) (Published by Seva International; ISBN 0-9643025-0-0; 1 2 LIST OF FIGURES:..................................

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