Gottfried Feder: Interest

Gottfried Feder was German economist and politician. Explore interesting quotes on interest.
Gottfried Feder: 56   quotes 1   like

“The interest capitalistic inflation however is like a devouring fire which is not extinguished until it has consumed all the treasures of the world and made the whole of mankind interest-slaves of international finance—or until the interest slavery is broken.”

Gottfried Feder

Source: The German State on a National and Socialist Foundation (1923), pp. 117-118

World

“The idea of interest on loans is the diabolical invention of big loan-capital; it alone makes possible the lazy drone's life of a minority of tycoons at the expense of the productive peoples and their work-potential.”

Gottfried Feder

"Manifesto for the Abolition of Enslavement to Interest on Money" (1919)

Life , People , Idea

“In our Mammonistic blindness we have unlearned how to see clearly that the doctrine of the sanctity of interest is a monstrous self-deception, that the gospel of the loan-interest that alone makes one blessed has entangled our entire thinking in the golden web of international plutocracy.”

Gottfried Feder

"Manifesto for the Abolition of Enslavement to Interest on Money" (1919)

Thinking

“The abolition of enslavement to interest on money signifies the only possible and conclusive liberation of productive labor from the hidden coercive money-powers.”

Gottfried Feder

"Manifesto for the Abolition of Enslavement to Interest on Money" (1919)

Money

“The only cure, the radical means to heal suffering humanity is the abolition of enslavement to interest on money.”

Gottfried Feder

"Manifesto for the Abolition of Enslavement to Interest on Money" (1919)

Money , Suffering

“But that the state in general sees as right the sole means of accepting interest-bearing loans - thus debts, when it needs money and applies its other sovereign rights today only in an underhand manner to collect the incurred debts from the people, these are conditions for which one seeks in vain for a reasonable explanation. There is indeed no reasonable explanation for it, but only the fact that our entire thought even in national financial political matters is directed or corrupted in a private capitalistic manner.”

Gottfried Feder

Source: The German State on a National and Socialist Foundation (1923), p. 104

Money , People

“All of our tax-legislation is and remains, so long as we do not have liberation from enslavement to interest, only a tribute-obligation to big capital, and not, as we would imagine, a voluntary sacrifice for the accomplishment of labor for the community.”

Gottfried Feder

"Manifesto for the Abolition of Enslavement to Interest on Money" (1919)

Imagination , Communication

“Liberation from enslavement to interest on money is the clear motto for the global revolution, for the liberation of productive labor from the chains of the supragovernmental money-powers.”

Gottfried Feder

"Manifesto for the Abolition of Enslavement to Interest on Money" (1919)

Money

“This [mammonist] mindset is embodied and reaches its acme in international plutocracy. The chief source of power for Mammonism is the effortless and endless income that is produced through interest.”

Gottfried Feder

"Manifesto for the Abolition of Enslavement to Interest on Money" (1919)

“The abolition of enslavement to interest signifies the restoration of the free personality, the redemption of man from slavery, from the curse whereby Mammonism has bound his soul.”

Gottfried Feder

"Manifesto for the Abolition of Enslavement to Interest on Money" (1919)

Soul , Personality

“The interest slavery of the nation means the rule of the bank and stock-exchange. The breaking of interest slavery is by far the greatest task of National Socialism.”

Gottfried Feder

Source: The German State on a National and Socialist Foundation (1923), p. 113