"Neues Europa"

With explanations provided by Gottfried Feder, Dipl. Engineer

gottfried-feder

Contents

The Manifesto for the Abolition of Enslavement to Interest on Money

  1. What is Mammonism?
  2. What is the cure for Mammonism?
  3. The nine points of the Manifesto.

Implementation and Rationale

  1. Because of failed promises of the German Revolution of 1918 the people are tending more and more toward Bolshevism.
  2. The German folk are sick with Mammonism.
  3. Mammonism derives its power from interest on loans.
  4. The way to cure Mammonism is by abolishing interest on loans, especially war-bonds.
  5. The vast majority of Germans holding war-bonds really lose money because of them, because they have to pay taxes to cover the interest payments; only the largest holders of war-bonds have a net profit from them.
  6. Germany’s real wealth consists not in any material assets but in the productivity of the German people.
  7. If the obligation to pay interest on public debt were ended, the…

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