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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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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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Quote by Ambrose Bierce | QuoteProject