Friday, July 20, 2012

Advantage 41 – Large provision of loans leads to new financial products

Excerpt from the book »Gradido – Natural Economy of Life«

»The first act of independence by a human being
is the drafting of a life plan
– Heinrich von Kleist
German poet

The large supply of loans will fire people’s imagination to develop new financial products. These can be offered either by private individuals or financial services firms. Innovative pension models are conceivable: middle-aged people help young people to  build a house or set up a business and receive an additional pension in return. Another product might be concerned with the comfortable realisation of sabbaticals: the customers plan time-out from work and, in return, make the same possible for others.

As we see, there is no limit to what is conceivable. Strictly speaking, it is not primarily a matter of financial products but of manifold possibilities for planning and organising life, which are easily realisable in the Natural Economy of Life. This constitutes an ideal new field of business for customer service representatives of banks and insurance companies and for financial services firms of any kind.


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