Principal Created Quote by Kelly Mitchell

When the banks create the money, they don't create the interest. They send you into the world to compete with everybody else to get…

— Bernard Lietaer

The financial history of the last century shows a steady increase in the amount of public indebtedness. Nobody believes that the states will eternally…

— Ludwig von Mises

You must place interest in principle above interest on principal.

— Julian Bond

Every debt is ultimately paid, if not by the debtor, then eventually by the creditor.

— James Grant

“Debts are subject to the laws of mathematics rather than physics. Unlike wealth, which is subject to the laws of thermodynamics, debts do not…

— Soddy Frederick

Compound interest on debt was the banker's greatest invention, to capture, and enslave, a productive society.

— Albert Einstein

“It is a rule . . . in all the world that interest is to be paid on borrowed money. May I say something…

— J. Reuben Clark Jr

Growth based on debt is unsustainable, artificial.

— Jose Manuel Barroso

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…

— Thomas Jefferson