/biz/ - Business & Finance

>>53597113
Usury is the practice of making unethical or immoral monetary loans that unfairly enrich the lender. The term may be used in a moral sense—condemning taking advantage of others' misfortunes—or in a legal sense, where an interest rate is charged in excess of the maximum rate that is allowed by law.

cool it with the antisemitic remarks

>>53597128
AI niggers >>>/out/

>>53597136
no way that board sucks ass

>>53597113
Society would quite literally collapse you mong.

>>53597113
fucking nazi

>>53597113
Islam does.

>>53597113
usury is banned in most places. charging interest != usury. the "legal" examples of usury that I can see are those payday loan places and the loans you can get on indian reservations

just ban circumsision and usury will disappear overnight

Cool it with the anti-semitism

>>53597150
>Society would quite literally collapse you mong!

>>53597128
In Cato’s time usury was defined differently. It was defined as loaning money at interest — any interest. It has become so ensconced in our culture that we 1984 newspeaked the definition so people would accept it, and when they read quotes like OP they’ll have this definition in mind: >>53597128
rather than what, e.g., Cato the Elder or the Bible (which banned Usury) actually meant.
>Fun fact: due to the biblical ban, Charlemagne forbade Christians to lend money and therefore forbade them to be bankers. Jews, whom he thought were going to hell anyway, he allowed the right to usury. That is the origin of the Jewish banking system in Europe.

>>53597113
Pushing the loansharking underground is worse, I would prefer having the people at least borrow from a corporation like "payday fuckface.inc" and avoid the organized crime.
Credit card companies are companies that could also fit the historical definition of usurious sharking.

>>53597113
If a man have not capital of his own, upon which to bestow his labor, it is necessary that he be allowed to obtain it on credit. And in order that he may be able to obtain it on credit, it is necessary that he be allowed to contract for such a rate of interest as will induce a man, having surplus capital, to loan it to him; for the capitalist cannot, consistently with natural law, be compelled to loan his capital against his will. All legislative restraints upon the rate of interest, are, therefore, nothing less than arbitrary and tyrannical restraints upon a man's natural capacity amid natural right to hire capital, upon which to bestow his labor. [...] The effect of usury laws, then, is to give a monopoly of the right of borrowing money, to those few, who can offer the most approved security.

>>53598685
>…it is necessary that he be allowed to obtain it on credit.
Lost me at this. Why not just work for your capital? Why is taking out a loan necessary?
>Another interesting historical tidbit: one of the earliest constitutional crises of the Roman Republic was due to the practice of loaning money. Roman soldiers left their money-making jobs to defend Rome when an external threat presented itself. Many such soldiers had taken on debt prior to the war, and were unable to pay off the debt in the allotted time due to their patriotic defense of their country. The consequence of not paying a loan on time was that the debtor would become an indentured servant to his creditor until the loan was paid. As an indentured servant, the former soldiers were unable to raise money themselves to pay off the debt. Thus the Roman soldiers were literally and perpetually enslaved by the debt system. When they revolted, the revolt was settled in part by a man named Cincinnatus, after whom the American town of Cincinnati is named (really it’s named after Washington, who was called “the American Cincinnatus”).

>>53598902
because wage slavery is worse than debt slavery

>>53598476
Everyone knows this but its still wild what an absolutely massive fuckup this was

>>53598939
Loans should happen between family members at 0% interest with no deadline for repayment. This is what Jewish law prescribes for the Jews. Strictly speaking, usury is permitted only when exploiting g*yim. Why do you continue to play their game on their terms? Don’t you see the direction it’s taking us?

>>53597128
This surely can't be ChatGPT because it would never write something so blatantly antisemitic

just move to an Islam country

the idea of banning usury seems so unusual to me. I actually have trouble conceiving of a future without it, we are truly zog'd.

>>53599515
https://en.wikipedia.org/wiki/Social_credit
Not to be confused with China's social credit btw

>>53599103
you could make your own law where you only issue loans to jews. but unfortunately you are goyim cattle who would charge their own children rent and even if all the jews in the world disappeared overnight you would still be that

History is the evolution of human culture. It has not ended, nor is it close to ending any time soon.

fun fact! Qaddafi in Libya offered interest free loans to his citizens to buy houses
what's it like when the government actually works for the people, as a bong, i don't know but i wish i did..

>>53597130

>>53599779
Wish white leadership types could get on his level. Have a look at his Green Book.

>>53599605
Hitler did less than that by abolishing usury altogether. Look what they did to him. It’s not that people aren’t willing to try as he did, it’s just that the goyim masses (controlled by zog) outnumber those that can see the problem.
>>>/wsg/4920181

>>53599888 (trips of truth)
If the problem is seen and then talked about, they use torious interference and all manner of asiatic terrorism to suppress the enlightenment of big normie.

>>53599947
>tortious

>>53597113
go back to /pol/ kids

>>53597113
Based ! We need really heavy governmental regulation so us heckin good Christains can't engage in this immoral act. Then we'll give special license to those darn God's chosen to carte blanche abuse the financial system with special advisory roles to the King himself ! That'll show them the error of their ways, and once they've been punished with the heavy burden of all that gold as punishment, perhaps they'll repent and have all their misdeeds forgiven in an instant and become upstanding heckin true christains and therefore 100% genetically european

>>53597150
This !
We need more immigrants to reinforce the foundation of our great pyramid

>>53600127
/biz/ is and has always been a /pol/ colony like the rest of 4chan. It’s our site, newfag, you’re just a guest here.