Bankers Quote by Albert Einstein

It should be everyone's right in a capitalist system to have some way to take advantage of compound interest.

— Katy Lederer

We've turned the post-war economy that made America prosperous and rich inside out. Somehow most people believed they could get rich by going into…

— Michael Hudson

Mathematically, debts grow exponentially at compound interest. Banks recycle the interest into new loans, so debts grow exponentially, faster than the economy can afford…

— Michael Hudson

Compound interest is the eighth natural wonder of the world and the most powerful thing I have ever encountered.

— Albert Einstein

“Instead of leading to the promised leisure economy of abundance by freeing society from the legacies of feudalism and the hereditary privileges of aristocracies,…

— Michael Hudson

Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.

— Albert Einstein

Modern economies rely on debt, which encourages productivity and growth. But that system of credit requires consequences for debtors who default.

— Michael J. Knowles

“The criminalization of debt, then, was the criminalization of the very basis of human society. It cannot be overemphasized that in a small community,…

— David Graeber

“The only currency to satisfy the debt was their survival and to help others when circumstances permitted.”

— Colson Whitehead

Debt is part of the human condition. Civilization is based on exchanges - on gifts, trades, loans - and the revenges and insults that…

— Margaret Atwood

On balance, the financial system subracts value from society

— John C. Bogle

“It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the…

— D.R. Bell