Tuesday, July 17, 2012

Advantage 44 – No interest hidden in prices

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

»All the costs accumulated in the production and pricing phases go into the end price. These have to be borne by the households directly or indirectly in their expenditure, since they are the last in the chain and can no longer pass on the costs.«

– Helmut Creutz
German economic analyst and publisher

At the present time interest, taxes and other levies have to be included in product pricing. This either increases prices or leads to merciless cut-throat competition that only big discount shops can survive. This is evident on all levels at the present time. 

In the Natural Economy of Life loans are normally interest-free. Hence, no hidden interest has to be included in product pricing. Prices are fair again and competition between discounters and small suppliers subsides. 

No comments:

Post a Comment