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Usury was prohibited in Christianity until not that long ago. "At the time, usury was interest of any kind, and the canon forbade the clergy to lend money at i
by solotronics 7y ago
Usury was prohibited in Christianity until not that long ago.
"At the time, usury was interest of any kind, and the canon forbade the clergy to lend money at interest rates even as low as 1 percent per year. Later ecumenical councils applied this regulation to the laity." - https://www.jstor.org/stable/3161033?seq=1#page_scan_tab_contents https://www.jstor.org/stable/3161033?seq=1#page_scan_tab_con...
- salty_biscuits 7y agoI read somewhere that this is behind the awful stereotypes in the merchant of venice. Because of the historical prohibitions within the religion, loans were taken out with lenders from outside the religion.