Interest or Usury is all around us. Therefore there must be some benefit attached to it as surely anything that has a negative impact upon us, has to be removed from society? Logically thinking, the answer would be yes. However, although for the vast majority of us do end up paying more than we get, those offering us 'fantastic' loans are the real winners in this - http://www.independent.co.uk/news/uk/home-news/bankers-16316bn-bonus-bonanza-....
Usury in Scripture:-
Torah If thou lend money to any of My people, even to the poor with thee, thou shalt not be to him as a creditor; neither shall ye lay upon him interest. (Exodus, 22:25)
New Testament - Luke 6:35 says "But love ye your enemies, and do good, and lend, hoping for nothing again; and your reward shall be great".
Quran O you who believe, you shall not take usury, compounded over and over. Observe God, that you may succeed. (Al-'Imran 3:130)
http://www.mirror.co.uk/news/city-news/2008/10/27/gordon-brown-calls-for-inte...
The benifit of USURY is the same beifit a theif gets when they steal somthing that they did not earn or inhearit. Usury is theft that becomes genocide.
TheTime4solutions 4 months ago
@olrailbird very true! although let me ask you, why is someone moving into a house when they cannot afford it? why are sons and daughters going to live away from their parents when they cannot own a home? Before, the kids stayed with the parents until a home could be bought, often times taking until their 30s to be able to. To take it further, while working the grandparents would take care of the children if there was any. So who is at fault? the greedy person or the person loaning money?
bluefootedpig 11 months ago
Usury kills.
Why do we pay for three houses but live in one (temporarily, until evicted?)
Why no limits on interest anymore?
If the rich may "invest" their "spare" money at interest while the rest must pay said interest, how can the rest ever get ahead?
Interest acts to maintain the status quo -- war, hunger and tax enslavement.
Eventually, usury consumes so much production the peasants revolt.
When reactors cost double due to usury, safety is strictly budgeted.
olrailbird 11 months ago
Jct: "What do you think of interest?" one man asked, the other responded: "And what do you think of murder." Reasonable interest on cows and grain may be payable but interest on money or gold creates a mort-gage death-gamble musical chairs game where there is never enough principal borrowed for all to repay both principal and interest. P/(P+I) survive, I/(P+I) get knocked into foreclosure resulting in the same money chasing less goods, Shift B inflation, untaught in Economics.
kingofthepaupers 2 years ago