/biz/ - Business & Finance

usury bad because jews or something idk

>>57585790
it's bad because pol told me too
they also told me Bitcuck is a scam

>>57585804
bruh are you on crack do i look like i give a damn about your stupid ass task who am i your personal slave

>>57585790
Governments in the past have given their citizens interest free loans and it worked out okay, you're just too used to being a literal slave

>>57585790
Qadaffi gave his people free loans and the jews killed him

>>57585836
bot

>>57585790
The profit is in good deeds and piety. Usury is a sin.

>>57585790
Within a system resources are utilized most efficiently at the lowest level. What is the point of a country's central bank lending to one of it's city with interest? The nation is only the sum of its subsidies. If the decision is made to allocate liquidity to a city because it is most efficient then why would it would you want to pull liquidity back at a later date? If the city's enhanced productivity is the reward for the coutries investment within itself. Look into the Social Credit movement which was international but had special influence is Canada's politics in the 1950s. Usury isn't wrong for vague moral reasons, it is a parasitic model which is highly inefficient and only benefit s those who deal in it... insurance is the same.

>>57585845
Sounds like socialism.

>>57585790
usury isn't interest, it's exorbitant interest.

>>57586038
This is a cope christcucks invented because they realized that no-interest banking is retarded.
Originally usury meant ALL interest. Even 0.01%.

>>57585790
but they aren't lending me anything they dont even have it

>>57586021
Its literally the opposite. Bureaucrats charging individuals to utilize the collective wealth of the people is a tax on societies most productive members.

>>57586038
Usury is any profit from money lending.

>>57586085
why don't you get a job like a real channer you absolute cucklord i dont understand why you feel so entitled to just beg strangers on the internet to respond to you it's completely pathetic honestly i feel bad for you bro

>tfw bot tells me to get a job

>>57586038
Wrong.

>>57586021
>socialism is when no usury
are you trying to sell me on socialism?

>>57585790
if it's so good, why werent jews allowed to lend with interest to their own?

>>57585790
Jews think usury is bad?

>>57586021
>socialism is when governments help the citizenry
Guess I’m a socialist then

>>57586084
Charging interest equal to inflation is not usury.
2k years ago money was based on precious metals, if you lent someone an Aureus and get it back 1 year later you lost nothing. With fiat money if you lend someone 1k and get 1k back a year later you've lost a tangible amount of purchasing power.

>>57586987
wow bro this guy sure knows his stuff about usury i just thought usury was when the jewish banks charge interest on loans but i guess it's more than that huh i guess i was wrong and we should give up on this whole interest charge stuff

>>57585790
it's called being part of a high trust community that looks after each other. In ancient days for example if your neighbor had a bad harvest you'd loan him some grain to survive the winter and he'd return the favor in a time when you are in need.

The evil Jews who practice usury only charge interest for goyim while every Jew can get interest free loans at their local synagogue.

>>57586021

Maybe if you're a fuckin moron who throws the word "socialism" around like it's the economic version of the race card.

usury is banned in many islamic countries and it's ok to bomb them to spread democracy and our usury system
op would receive chopping treatement in islamic countries for proposing usury, which is horrible
there was a time when the west had great morality and usury was prohibited, it was a sin, which was bad. Now we can be in debt paying interest several times the loan, nothing wrong, it just business
if you didn't understand the terms of the loan, well buddy, that's on you
and you know how it is, more loans and more interests means more economic growth, win win

>>57586802
Kek chuddies feelings are hurt

>>57585845
>Governments in the past have given their citizens interest free loans and it worked out okay,
are there any examples for this?

>>57585790
They can and do offer terms that fuck over some people while benefitting other people. Like a card that has 5% cashback for me and 30% APR for you because I can pay my balance and you can't

>>57586987
inflation is another Jewish scam. It shouldn't exist