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Book cover for Healthy Money, Healthy Planet
Book cover for Healthy Money, Healthy Planet

Healthy Money, Healthy Planet: Developing Sustainability through New Money Systems (ISBN 1877333298 is a book by Deirdre Kent, first published in 2005, that looks at the issue of money creation through interest-bearing debt. Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. Fractional-reserve banking is the banking practice in which Banks keep only a fraction of the value of their Bank notes and demand deposits in reserve

Kent argues that much of the relentless pressure for global economic growth, which results in so much environmental and social damage, is due to our money system. She explains how most of our money is created by private banks, out of thin air as interest-bearing debt. This, it is argued, has led to a massive and crippling increase in debt world-wide, and a subsequent concentration of wealth and power in a small percentage of the population.

An alternative to these dysfunctional money systems is said to exist and Kent presents a case for reform, looking at complementary economies and monetary systems which have been tried in various countries, including New Zealand, and suggests how they could be implemented in the future. New Zealand is an Island country in the south-western Pacific Ocean comprising two main landmasses (the North Island and the South Island These include changes to the taxation system, community banking, commercial barter, voucher schemes and currencies with a circulation incentive.

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