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The Price of Time in a World Without Interest | Edward Chancellor

Hidden Forces

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The Four Dimensions of Interest

Interest is like the fourth dimension in so far as it expands. It expands the space of productivity of an economy beyond simply constraints of the moment. If we could not share or collaborate over time, but only space, we would be constrained by the decay and decomposition of the things that we hold in possession to day. And so the ability to to grapple with these intangible notions of value over not just space, but time as well, expands the universe of productivity for human society and co operation.

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