What is money? Let's take the good news first. Money is one of the most ingenious inventions of humankind. It helps the exchange of goods and services and overcomes the limitations of barter, thereby creating the possibility of specialization, which is one of the cornerstones of the postmodern civilization. Why then do we have problems with money?

According to Prof. Dr. Margrit Kennedy here is the bad news: "Throughout most of history, the circulation of money has been based on the payment of interest. Interest leads to compound interest. Compound interest leads to exponential growth. And exponential growth in turn is unsustainable."

Prof Dr. Margrit Kennedy explains in her consice and intriquing presentation...

* Three common Misconceptions

* Three threatening Results

* Three possible Solutions

 Dr. Kennedy will publish on the issue next year 2006.