>destroys usury

Beautiful

  1. 4 weeks ago
    Anonymous

    He hasnt though

  2. 4 weeks ago
    Anonymous

    Interest is just compensation for time and risk. It's no different to renting tools or other capital. The tool (principal) is rented (loaned) for a fee (interest) then the fee and the tool is returned.

    • 4 weeks ago
      Anonymous

      That’s what ~~*they*~~ want you to think. If we have money backed up by labor and faith, then there is no need for usurious interest to exist in an economy.

      >destroys usury (capitalism)
      Beautiful

      Communists are the worst capitalists. Tito owned yachts

      • 4 weeks ago
        Anonymous

        Name a rich country where you're not allowed to lend people money.

        • 4 weeks ago
          Anonymous

          The Papal States. Zero interest lending is viable in a Catholic Integralist State

          • 4 weeks ago
            Anonymous

            No such thing as zero interest lending. There is a nonzero chance you do not get your money back.

            • 4 weeks ago
              Anonymous

              >No such thing as zero interest lending.
              Muslims managed that for centuries

              • 4 weeks ago
                Anonymous

                You sure? Want to lend me 1$, i will give back in 1232 years?

              • 4 weeks ago
                Anonymous

                Not how that works. We both agree, in writing, on a particular due date, and that if you fail to pay up, you'll cough up collateral in lieu of repayment.

              • 4 weeks ago
                Anonymous

                What type of collateral would you demand for a 1232 years loan of 1$?

              • 4 weeks ago
                Anonymous

                >1232 years
                i don't remember agreeing to that

                If you aren't family, why would I even want to lend to you if I'm only getting the exact amount back? That exact amount is actually most likely going to be worth less than when I lent it to you due to inflation.

                There's no reason for me to lend you money if I'm not related to you or a close friend.

                Islamically, charity, or in this instance, charitable lending, doesn't decrease wealth.

                >In a hadith from Abu Hurairah (may Allah blesses him), that the Messenger of Allah (ﷺ) says,
                مَا نَقَصَتْ صَدَقَةٌ مِنْ مَالٍ وَمَا زَادَ اللَّهُ عَبْدًا بِعَفْوٍ إِلاَّ عِزًّا وَمَا تَوَاضَعَ أَحَدٌ لِلَّهِ إِلاَّ رَفَعَهُ اللَّهُ
                >“Charity does not decrease wealth, no one forgives another but that Allah increases his honor, and no one humbles himself for the sake of Allah but that Allah raises his status” [Saheeh Muslim]
                >An Nawawi explains: “The scholars say that what is meant here includes 2 things: First, means that his property is blessed and protected from harm. So the reduction of property (after charity) to be ‘even’ covered by an abstract blessing. This can be felt by the senses and habits. Second, if physically his wealth decreasing, then the reduction is ‘even’ covered by the reward from Allah obtained, and this reward is multiplied until it is many times over”.

              • 4 weeks ago
                Anonymous

                I'm not charity however, i'm a bank in the USA, i'm willing to give you 1$ for 1232 years. The 1$ will be as new, freshly printed. Would you trust my promise?

              • 4 weeks ago
                Anonymous

                Not if I have to pay any kind of interest on it

              • 4 weeks ago
                Anonymous

                >yes you lose money and you can afford less stuff, but in return this invisible sky wizard will reward you in some way you can't possibly perceive, so overall you didn't lose anything
                ok

              • 4 weeks ago
                Anonymous

                >ok
                Good. It would be most unfortunate if you were some usurious, money grubbing mammonite.

              • 4 weeks ago
                Anonymous

                If you aren't family, why would I even want to lend to you if I'm only getting the exact amount back? That exact amount is actually most likely going to be worth less than when I lent it to you due to inflation.

                There's no reason for me to lend you money if I'm not related to you or a close friend.

    • 4 weeks ago
      Anonymous

      Charging a fee is acceptable

      • 4 weeks ago
        Anonymous

        That's not enough goy

  3. 4 weeks ago
    Anonymous

    >destroys usury (capitalism)
    Beautiful

    • 4 weeks ago
      Anonymous

      He didnt tho

      • 4 weeks ago
        Anonymous

        He did tho

  4. 4 weeks ago
    Anonymous

    If there is something the world needs more right now is more usury and risk
    But they're the same

  5. 4 weeks ago
    Anonymous

    Who is this person?

    • 4 weeks ago
      Anonymous

      Catholic historian E. Michael Jones

    • 4 weeks ago
      Anonymous

      an old chud from twitter

  6. 4 weeks ago
    Anonymous

    EMJ is definitely one of the most important intellectuals of our time

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