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 practic… - Vladimir Lenin

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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.

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About Vladimir Lenin

Vladimir Ilyich Lenin (Russian: Владимир Ильич Ленин), born Vladimir Ilyich Ulyanov (Russian: Влади́мир Ильи́ч Ульянов) (22 April 1870 (10 April (O.S.)) – 21 January 1924) was a Russian revolutionary, the leader of the Bolshevik communist party, the first Premier of the Soviet Union and the main theorist of Leninism. He married the revolutionary Nadezhda Krupskaya in 1898.

Also Known As

Native Name: Владимир Ильич Ленин
Alternative Names: Vladimir Ilyich Lenin Vladimir Ilyich Ulyanov Vladimir Il'ich Lenin Vladimir Il'ich Ul'yanov Lenin V. I. Ul'yanov V. I. Lenin Vladimir Ulyanov Vladimir Ul'yanov V. I. Ulyanov Vl llyin Владимир Ильич Ульянов
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Generally speaking, under capitalism, the ownership of capital is separate from the application of capital to production; money capital is separate from industrial or productive capital; the rentier, living entirely on income obtained from money capital, is separated from the entrepreneur and from all those directly concerned in the management of capital.

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