385
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 10 Aug 2023
385 points (98.2% liked)
Asklemmy
43399 readers
801 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
For most of history charging interest was considered very unethical. There's even a derogatory term for it: usury.
It's a rather recent phenomenon that usury has become acceptable.
Yep. The one time Jesus got violent in the Bible, it was against the money lenders.
And that means it's a scam today how exactly? The Bible was pretty explicitly against a lot of things. Are they scams? Is wearing two different fabrics a scam? Is eating shellfish a scam?
Ok, but its archaic status as immoral does not make it a "scam" today.
It's a scam because it's literally free money for the lender. They do no work, they generate no value, but they still get paid.
Providing someone else money for a time to use for whatever purpose they desire is of no value? I think that literally most every person on the planet would disagree with you. Are you saying you've never borrowed money for anything, ever?