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Debt, n. An ingenious substitute for the chain and whip of the slavedriver.
Ambrose Bierce
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Interpretation

What this quote means

Debt represents a form of control over individuals, akin to slavery.

Ambrose Bierce's quote suggests that debt is a tool of oppression that binds individuals much like the physical restraints used by a slavedriver. It highlights how financial entanglements can lead to a loss of personal freedom, drawing a direct parallel between economic obligations and the harsh realities of slavery.

Themes

DebtSlaveryControlFreedomOppression

In practice

Example use cases

In a speech about financial literacy, one might reference this quote to emphasize the importance of avoiding debt.

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PALM, n. A species of tree . . . of which the familiar "itching palm" ("Palma hominis") is most widely distributed . . . . This noble vegetable exudes a kind of invisible gum, which may be detected by applying to the bark a piece of gold or silver.
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Human nature is pretty well balanced; for every lacking virtue there is a rough substitute that will serve at a pinch--as cunning is the wisdom of the unwise, and ferocity the courage of the coward.
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Indigestion: A disease which the patient and his friends frequently mistake for deep religious conviction and concern for the salvation of mankind. As the simple Red Man of the Western Wild put it, with, it must be confessed, a certain force: 'Plenty well, no pray; big belly ache, heap God.'
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Disobey n:To celebrate with an appropriate ceremony the maturity of a command
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NOUMENON, n. That which exists, as distinguished from that which merely seems to exist, the latter being a phenomenon. The noumenon is a bit difficult to locate; it can be apprehended only by a process of reasoning - which is a phenomenon.
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PARDON, v. To remit a penalty and restore to the life of crime. To add to the lure of crime the temptation of ingratitude.
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