Margrit Kennedy’s first book on money, translated into 22 languages.
This book describes how money works. It reveals the reasons for the persistent fluctuation of one of our most important measuring tools and shows how money not only “makes the world go round” but also how it continuously causes destructive crises. It demonstrates how the massive debts of developing countries, as well as unemployment, environmental problems, arms production and the nuclear industry are bound up with the mechanism that keeps money moving: interest and compound interest. According to the American economic historian John L. King, interest is “the unseen wrecking mechanism” in the socalled ‘free market economy’.

You can download it here.