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I'm not who you're responding to, but you've yet to defend your assertion, that lending for profit is always predatory, and your assertion that "we have known f
by betwixthewires 6y ago
I'm not who you're responding to, but you've yet to defend your assertion, that lending for profit is always predatory, and your assertion that "we have known for centuries" by way of bronze age cults (in my opinion) that this is indisputable fact. It isn't indisputable, defend your point.
I'm not calling you stupid or anything like that, but you're showing that you do not quite understand how lending and markets and even investing works. You're ignorant on this topic and I strongly advise you to do a lot of reading on it.
- selimthegrim 6y agoHis stated position is that war spoils are more ethical than interest because the raiding party shares the risks and profits equally
- gher-shyu3i 6y agoWho said anything about war spoils?
- selimthegrim 6y agoYou did when you said maal-e-ghanimat was equal risk to all participants
- gher-shyu3i 6y agoWhere? Plus, "maal e ghanimat" is invalid Arabic.
- selimthegrim 6y agoFine, ghanimat ul harb I suppose.
- gher-shyu3i 6y agoThe point remains, you're the one bringing up the spoils of war straw man. Not sure what this has to do with the discussion that interest is bad.
- gher-shyu3i 6y agoI'm aware of how things work. The fact of the matter is that even if we go back not long ago to pre-WWII, we see a certain individual produce a huge economic recovery by banning interest, among other things: https://www.youtube.com/watch?v=Io2a4SOX22Y https://www.youtube.com/watch?v=Io2a4SOX22Y