Bank Interests Inflate Global Prices by 35 to 40 Percent

A stunning 35 to 40 percent of everything we buy goes to interest. As Ellen Brown reported, “That helps explain how wealth is systematically transferred from Main Street to Wall Street.” In her report, Brown cited the work of Margrit Kennedy, PhD, whose research in Germany documents interest charges ranging from 12 percent for garbage collection, to 38 percent for drinking water, and 77 percent for rent in public housing.