usury
usury
The same people are the problem, we just don't call them Jews any more.
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Re: usury
The cost of interests on loan is a critical necessity of economics within democracy and meritocracy.
Usury is not a direct moral nor ethics issue but it is the problem of a lack of virtue when the charge of interests in ridiculously high.
The real problem here is that of lust and greed for money itself which is a psychological issue of the masses of people involved in charging high interests.
This is a problem that humanity collectively must address and resolve but if we are to start now with the right fool proof strategies, it will take a few generations to reach reasonable success.
Btw, usury is illegal in Islam [with some success] but it is grounded on a threat from a God who command believers to kill non-believers upon the slightest threats. Even then Muslims are trying to imitate 'usury' indirectly which has its cons beside its pros.
Usury is not a direct moral nor ethics issue but it is the problem of a lack of virtue when the charge of interests in ridiculously high.
The real problem here is that of lust and greed for money itself which is a psychological issue of the masses of people involved in charging high interests.
This is a problem that humanity collectively must address and resolve but if we are to start now with the right fool proof strategies, it will take a few generations to reach reasonable success.
Btw, usury is illegal in Islam [with some success] but it is grounded on a threat from a God who command believers to kill non-believers upon the slightest threats. Even then Muslims are trying to imitate 'usury' indirectly which has its cons beside its pros.