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DOWNLOAD ç Manifesto for the Abolition of Interest-Slavery ß Fromon, Feder studied financial politics and economics on his own after developing a hostility towards wealthy bankers during World War I and wrote a manifesto on breaking the shackles of interest Brechung der Zinsknechtschaft inThis was soon followed by the founding of a task force dedicated to those goals that demanded a nationalisation of all banks and an abolition of interestFeder proposes ideas and solutions to problems which not only affected Germany at the time but could apply to any nation todayOriginally published in , this translated manifesto is a must read for anyone interested in history or economics The book that could change the world There are several misconceptions in this book The main one, which is the central idea of the book, is that lending money charging interest is bad Well, interest must be charged because value now isvaluable than money in the future, and money in the hand isvaluable than money in the bush Nobody is going to lend money without charging interest because otherwise, it s just better to keep it.He also criticizes, like statists usually do, that some people s savings keep growing over tim There are several misconceptions in this book The main one, which is the central idea of the book, is that lending money charging interest is bad Well, interest must be charged because value now isvaluable than money in the future, and money in the hand isvaluable than money in the bush Nobody is going to lend money without charging interest because otherwise, it s just better to keep it.He also criticizes, like statists usually do, that some people s savings keep growing over time Yes, that s what happens when you spend less than what you earn and invest your savings in something with positive expected returns And stopping this process, which is what most governments in the world are doing in a small or big degree, discourages producing, saving and investing, the three needed factors to create prosperity for you and everyone around you.If it was illegal to lend money charging interest which in practice would mean that nobody would lend , people would be less willing to produce and save Those that want to invest, would no longer have this option and would instead use other options, like starting their own businesses or investing in other people s businesses.This book does show some relevant ideas It shows what happens to citizens when their governments don t manage their finances properly It they spendthan what they earn and have to borrow the difference, that means that the government expenses are going to increase in the future as it will also have to pay interest on that loan So if this process continues, an increasing amount of interest has to be paid by the government, which means that their citizens have to pay eventaxes That is not just a theory but what is happening in most of the world Governments systematically run deficits, their debt keeps on increasing, and that will be at some point or another be translated into either higher taxes and or inflation So in that sense, the author was right This book was written when taxes were over the world much lower than nowadays.As in other reviews, I m adding in the comments some parts of the book that I found relevant, I don t necessarily agree with them Tiny, yet intensive stunning, yet gritty revolutionary, yet pragmatic In the Manifesto, Gottfried Feder unleashes his battle cry against the epitome of oppression, wolves in shepherds robes, a beguiling institution of fat cat authoritarianism, sabotaging the common and social interests of all peoples designed to outstretch helping hands to Serfs without the capital or means to make a living in the veil of the haves aiding the have nots This institution, alive and well in modern times, is Tiny, yet intensive stunning, yet gritty revolutionary, yet pragmatic In the Manifesto, Gottfried Feder unleashes his battle cry against the epitome of oppression, wolves in shepherds robes, a beguiling institution of fat cat authoritarianism, sabotaging the common and social interests of all peoples designed to outstretch helping hands to Serfs without the capital or means to make a living in the veil of the haves aiding the have nots This institution, alive and well in modern times, is called usury, known vernacularly as interest It s the apotheosis of profit, the Devil s swindle of honesty, yet the caveat of transubstantiation to lies in the course of time.Feder not only created an absolute must read, but a must know, a must acknowledge of the evils pertaining to his time that snaked their way unabetted into the modern day You will not regret the knowledge you receive of his plan, of his ambition to rid the world of usury, of money authority, and, one day, taxes