Quote#Money & Wealth
The principal and primary function of banks is to serve as an…
Quote byVladimir Lenin · 1870–1924
Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Imperialism, The Highest Stage of Capitalism (1917), Chapter Two.
English (original)
The principal and primary function of banks is to serve as an intermediary in the making of payments. In doing so they transform inactive money capital into active capital, that is, into capital producing a profit; they collect all kinds of money revenues and place them at the disposal of the capitalist class.
— Vladimir Lenin
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