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An ecological catastrophe, the depletion of natural resources, social disintegration and a breakdown of the financial system are at the verge of creating a humanitarian crisis of unseen proportions. The main underlying cause of those developments is interest on money, often called usury [+]. Money without usury should be part of any solution for those issues.
Natural Money is the most efficient type of interest free money. With Natural Money there will be constant economic growth without crisis [+]. Unemployment will end [+]. Sustainable investments will be encouraged [+] so Natural Money will make humanity ready for the energy limits of the future. The current economic system and political system fail to do this [+].
Local production and consumption are more efficient by default as they require less energy. Only because interest on money favours inefficient large scale centralised organisations, small organisations and local production appear to be less efficient [+].
The public should not pay for the risk individuals and corporations take and people should not be lured into debt they cannot repay. The failure to allocate risk correctly makes the usury financial system a domain for opportunistic exploiters of information [+]. Interest is an allowance for risk, so abolishing usury reduces the level of risk in the financial system [+].
The superior efficiency of Natural Money will end the current financial system in competition [+]. Experiments in the past were a success [+] and a similar financial system has operated in Egypt for more than a thousand years [+] but the potential was not seen. In 2012 the Basic Banking System will be available to support a new financial system based on Natural Money [+].
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