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Quote by Sunday Adelaja

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Sunday Adelaja
Sunday Adelaja

Sunday Adelaja is a prominent pastor known for his unique leadership style and influence. Born on May 28, 1967, he has a wide following in the Christian community, particularly in Africa and globally. more

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“But money doesn’t work in the sense that labor or tangible capital expends effort to produce commodities. Credit is debt, and debt extracts interest. Financial salesmen who promise investors, “Make your money work for you” actually mean that society should work for the creditors — and that means for the banks that create credit. The effect is to turn the economic surplus into a flow of interest payments, diverting revenue from tangible capital investment. As the economy’s reproductive powers are dried up, the financialization process is kept going by easing credit terms and lending — not to produce more goods and services, but to bid up prices for the real estate, stocks and bonds being pledged as collateral for larger and larger loans.”

“The indignation and rage of the small merchant against the monopolies was given eloquent expression by Luther in his pamphlet “On Trading and Usury,” printed in 1524. “They have all commodities under their control and practice without concealment all the tricks that have been mentioned; they raise and lower prices as they please and oppress and ruin all the small merchants, as the pike the little fish in the water, just as though they were lords over God’s creatures and free from all the laws of faith and love".”