>destroys usury

Beautiful

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  1. 2 years ago
    Anonymous

    He hasnt though

  2. 2 years 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.

    • 2 years 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

      • 2 years ago
        Anonymous

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

        • 2 years ago
          Anonymous

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

          • 2 years ago
            Anonymous

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

          • 2 years ago
            Anonymous

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

          • 2 years ago
            Anonymous

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

          • 2 years 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.

          • 2 years ago
            Anonymous

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

          • 2 years 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”.

          • 2 years 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?

          • 2 years ago
            Anonymous

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

          • 2 years 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

          • 2 years ago
            Anonymous

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

          • 2 years 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.

    • 2 years ago
      Anonymous

      Charging a fee is acceptable

      • 2 years ago
        Anonymous

        That's not enough goy

  3. 2 years ago
    Anonymous

    >destroys usury (capitalism)
    Beautiful

    • 2 years ago
      Anonymous

      He didnt tho

      • 2 years ago
        Anonymous

        He did tho

  4. 2 years ago
    Anonymous

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

  5. 2 years ago
    Anonymous

    Who is this person?

    • 2 years ago
      Anonymous

      Catholic historian E. Michael Jones

    • 2 years ago
      Anonymous

      an old chud from twitter

  6. 2 years ago
    Anonymous

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

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