Gottfreid Feder: Breaking Interest Slavery


Let us talk about economics. Yes, economics, the most despised of all political topics due to the supposed complexity of it and the relatively little understanding of it by the majority of people. When western governments want to con the people, they throw around numbers and GDP growth figures and interest rates, and the people lose interest so quickly that the initial arguing point is forgotten.

But the truth is, governments don’t have control of the economies of the nations which they claim to lead. The true rulers are the international clique of ‘moneymen’, the democracy makers if you like, those who hold the loans of the governments and reap what they never had sewn by way of extortionate interest repayments, holding the people in a perpetual cycle of debt interest slavery.

This all sounds very abstract, so let us put this into perspective: The national debt of the United Kingdom as of Q1 2015 was £1.56 trillion, the equivalent of 81.58% of GDP. Some of this debt is ‘owned’ by the Bank of England, but the major shareholder if you like of British debt are overseas investors, either investment trusts or banks. This foreign private ownership of debt accounts for more than 30% of British debt, whilst the Bank of England (which has no interest in the wellbeing of the British people) holds 25% and multinational insurers hold 23%. In 2014 when the UK had a national debt of £1.27 trillion, the interest repayments alone were £1,000,000,000 a week. We can assume that this is now considerably higher due to the rapid increase in the amount of debt our government has racked up. Notice that since 2014, this has only risen despite austerity measures and constant repayment of interest, showing that it really is an unbreakable grip that the international hyenas have on a nation.

Putting this into perspective, the weekly tax receipts in the same period amounted to £9.4bn, and £1bn of this was going straight to the pockets of the international debt holders, not on loan repayments but interest. Think about that – the taxpayer is footing a bill to the tune of £1bn every week just to line the pockets of a small international clique. How is this right? In what universe is this morally acceptable?

Well of course, it isn’t, and there was once a man who envisaged a world (or at least a nation) free from the shackles of interest slavery. This man was called Gottfried Feder (1883-1941), a German economist from Bavaria who held distinguished governmental/academic posts such as German Minister for Economics and an economics Professor at the Berlin Institute of  Technology. However, the most significant work of Feder’s was his ‘Manifesto for the Abolition of Interest Slavery’, which he wrote in 1919.

In this manifesto, Gottfried Feder proposes that the concept of international capitalism that sustains a vulture-like culture where the very small minority get richer and the poor remain poor. This is because the state is constantly flapping to keep its head above water paying off international interest, meaning they have to tax income and commodities and cut public services, to the point that the people are then impoverished simply by feeding their families. It is this cycle of debt, taxation, austerity and poverty that plays the working class off against the bourgeoisie, destroying any sense of national unity that there would otherwise be. It is the actions of these big international debt holders, proposes Feder, that cause a sort of forced social engineering of the people of a nation.

Gottfried Feder proposed the total abolition of interest on financial capital for Germany, and then any other nations that wished to follow suit and break free from debt slavery. In Feder’s proposals, banning usury is a door to economic prosperity, as it will eventually allow the state to abolish direct taxation in its entirety, provided that certain state-owned facilities such as the postal service and railways were run efficiently as businesses to raise capital. This capital, with no international debt owners to pay off, could be completely invested back into other public facilities such as healthcare and education.

The end goal of this manifesto is true socialism, as opposed to Marxist globalist socialism. Feder’s socialism does not seek to play off one class against the other, or fester resentment or hatred against the bourgeoisie. Rather, it seeks to free the people up to keep the money they earn away from the international vultures, and also enjoy state-funded services thanks to an efficient, business-like public sector. As the word socialism has been tainted by Marxists, it is better to think of this idea as the responsibility of the state to its people, which can replace the corrosive grip on the state and the people by the international debt holders.

We are seeing that Feder’s ideas would be extremely relevant today, but sadly the international clique have a tight grip on the nations of the world, so tight that the nations do not see an alternative yet. The investment banks and the other big financers of nations such as the Rothschilds, the Rockefellers, and the shady individuals like George Soros and Lloyd Blankfein are hell bent on plundering the Occidental nations for all their worth, without a second thought for the lives of the people.

We can see examples today in Greece where this has visibly ruined the life of a nation, thanks to the big EU industry and Goldman Sachs who own the debt of the nation, forcing them into crushing austerity resulting in a 35% increase in suicides in Greece so far. The same is going to happen to Spain, after the country have built their debt up to over 105% of their GDP thanks to irresponsible government pandering to the European Central Bank and their friends in the clique.

Only by breaking the culture of usury can we see nation(s) experience social cohesion, free from class warfare, and a people content in their homeland earning their worth and living comfortably, free from the burden of repaying the state’s interest. Furthermore, a strong public sector can be the key to relieving the people of their tax burden considerably, if not entirely. State-owned industry must seek to create profit for reinvestment in the public sector, as opposed to being seen as another method of raising capital for their paymasters. Usury was in fact banned throughout Europe at one point in history as it was deemed un-Christian. It was brought to Europe by the Jews fleeing persecution, who set up the merchant banking system.

We need to stop talking in the economic terms carefully laid out to us by the globalist scourge, but instead start a new conversation entirely, where finance capital/usury and its accompanying complications do not feature at all.

If you have found this interesting and would like further material reading, or require sources for the United Kingdom debt information, please see the following links:

Gottfried Feder: Manifesto for Abolition of Interest Slavery (1919)

UK Debt/Interest Repayments 2014

UK Tax/N.I Total Receipts