"Hundreds of thousands of rouble notes are being issued daily by our treasury. This is done, not in order to fill the coffers of the State with practically worthless paper, but with the deliberate intention of destroying the value of money as a means of payment. ...
Experience has taught us it is impossible to root out the evils of capitalism merely by confiscation and expropriation… The simplest way to exterminate the very spirit of capitalism is therefore to flood the country with notes of a high face-value without financial guarantees of any sort. ...[T]he great illusion of the value and power of money, on which the capitalist state is based will have been definitely destroyed."
Vladimir Ilyich Lenin
[Vladimir Ilyich Ulyanov] (1870-1924) First Leader of the Soviet Union
an interview with Lenin published in the Daily Chronicle and the New York Times on April 23, 1919.
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Reader comments about this quote:
Probably as effective as our atomic bombs would be to drop counterfeit money all over our enemies.
 -- cal, Lewisville , TX     
  • 1
    "A lie told often enough becomes the truth" (Vladimir Lenin) Pure or true capitalism is an element of a free market. Capitalism is based on a tangible with intrinsic value (gold, silver, etc. coin = money). When there is no free market and no gold "coin" (money), there is no capitalism. Socialist liars, created fiat currencies to replace money and great illusions with moral and financial guarantees. Socialist liars had to change the meaning of money and capitalism so that they could enslave an entire society with a dole. Capitalism has now been reduced to a simple accounting ledger in a socialist's tax record.
     -- Mike, Norwalk     
  • 3
    Quantitative Easing anyone? The Federal Reserve Note is used not just by the US but around the world -- some countries use US dollars along side their own currency. By constantly printing up more money (QE1,2,3,4,...), to buy up bad debts, the currency becomes more and more diluted. It sure seems painfully obvious that the phony US dollar is purposefully being crashed and dumped. With each expansion and contraction of the money supply, real property is confiscated to cover the counterfeit currency. It is the oldest trick in the banker's book.

    Mind you, this isn't communism or socialism, this is BANKSTERISM which is the ruling power of the Western world. All governments are beholden to the private central banks that issue their currency. No presidential candidates will ever make it to the ballot if they do not support banksterism. Trump and Cruz both are beholden to the banks, as are Clinton and Sanders. So they have already got their racket covered. The media is ALL IN the banksters pockets and keep the propaganda flowing while fostering a culture of debt and dependence as a 'right'.
     -- E Archer, NYC     
  • 3
    I don't understand this strategy I guess. We in the Social realm just believe in making our objectives as clear and concise as possible. Using trickery to eliminate the trickery that "capitalism" entails appears counterproductive, so we Socialist announce more along the lines of, ladies and gentlemen we are going to pursue a different course. That's the simpler.

     -- Fredrick William Sillik, Anytown     
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