“As soon as interest is abolished, inflation becomes unnecessary…”

Source: Interest and Inflation Free Money (1995), Chapter Two, Creating an Interest and Inflation Free Money, p. 41

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Margrit Kennedy12

German architect 1939–2013

Margrit Kennedy (1939–2013) German architect

Source: Interest and Inflation Free Money (1995), Chapter Three, Who Would Profit From a New Monetary System?, p. 66

“One of the problems that we have in the human rights community is that special interests often forget the interests of other victims, and there’s competition among victims expressions that are unnecessary.”

Alfred de Zayas (1947) American United Nations official

UN expert on democracy highlights importance of free expression, information http://www.un.org/apps/news/story.asp?NewsID=46355&Cr=information&Cr1=#.Um9rdr_3DjA. <br class="br">2013

“And since any inflation, however modest at first, can help employment only so long as it accelerates, adopted as a means of reducing unemployment, it will do so for any length of time only while it accelerates. "Mild" steady inflation cannot help—it can lead only to outright inflation. That inflation at a constant rate soon ceases to have any stimulating effect, and in the end merely leaves us with a backlog of delayed adaptations, is the conclusive argument against the "mild" inflation represented as beneficial even in standard economics textbooks.”

Friedrich Hayek (1899–1992) Austrian and British economist and Nobel Prize for Economics laureate

1980s Unemployment and the Unions: Essays on the Impotent Price Structure of Britain and Monopoly in the Labour Market https://books.google.com/books?id=zZu3AAAAIAAJ&q=%22only+while+it+accelerates%22&dq=%22only+while+it+accelerates%22&hl=en&sa=X&ei=HBhsUYjUGMv34QSW-YDgDg&redir_esc=y (1984) <br class="br">1980s and later

“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 (1883–1941) German economist and politician

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

“Inflation is really like drugging the baby universe with speed. The supercool union of the hitherto unfriendly gods was blessed by amphetamine, and this made the universe inflate rather than just expand. The early orgy of expansion in the universe comes to an abrupt end as soon as the supercooled particle stuff finally freezes.”

João Magueijo (1967) Portuguese scientist

pg. 115
Faster than the Speed of Light

“The slave frees himself when, of all the relations of private property, he abolishes only the relation of slavery and thereby becomes a proletarian; the proletarian can free himself only by abolishing private property in general.”

Friedrich Engels (1820–1895) German social scientist, author, political theorist, and philosopher

(1847)

“Obviously, Lenin meant that the stage of fierce civil war and the restriction of democracy imposed on the Soviet people were only provisional and had to be abolished as soon as the new regime was consolidated.”

Ho Chi Minh (1890–1969) Vietnamese communist leader and first president of Vietnam

"Development of Ideological Unity Among Marxist Leninist Parties" (August 3, 1956)
1950s

“Government spending cannot create additional jobs. If the government provides the funds required by taxing the citizens or by borrowing from the public, it abolishes on the one hand as many jobs as it creates on the other. If government spending is financed by borrowing from the commercial banks, it means credit expansion and inflation. If in the course of such an inflation the rise in commodity prices exceeds the rise in nominal wage rates, unemployment will drop. But what makes unemployment shrink is precisely the fact that real wage rates are falling.”

Ludwig von Mises book Socialism

Socialism (1922), Epilogue (1947)

“The so-called inseparable cohesions of national interests vanish away as soon as you draw near to examine them. There are individual interests and a general interest, those two only.”

Henri Barbusse (1873–1935) French novelist

Light (1919), Ch. XXII - Light
Context: The so-called inseparable cohesions of national interests vanish away as soon as you draw near to examine them. There are individual interests and a general interest, those two only. When you say "I," it means "I"; when you say "We," it means Man. So long as a single and identical Republic does not cover the world, all national liberations can only be beginnings and signals!

“Either Man will abolish war, or war will abolish Man.”

Bertrand Russell (1872–1970) logician, one of the first analytic philosophers and political activist

Fact and Fiction (1961), Part IV, Ch. 10: "Can War Be Abolished?", p. 276
1960s

“As soon as interest is abolished, inflation becomes unnecessary…”

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