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

Cautionary Quotes

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

"Debt, n. An ingenious substitute for the chain and whip of the slavedriver."

— Ambrose Bierce

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Author: Ambrose Bierce
Category: Cautionary
Tags: Cautionary Critical Debt Freedom Power

Meaning of this quote

Debt is portrayed as a mechanism of dependence and control.

Key takeaway: Understand the obligations and power imbalance created by borrowing.

Origin of the quote

The Devil’s Dictionary.

Who actually said this?

Verified

Matched in Bierce’s satirical dictionary; dictionary labels and punctuation may be omitted in the supplied title. These are satirical definitions, not neutral factual definitions.

Attributed author: Ambrose Bierce

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