3 ms·
The problem is using an inherently inflationary currency that is tied to usury. Now, every single person is affected by interest whether they deal with it or no
by azth 5y ago
The problem is using an inherently inflationary currency that is tied to usury. Now, every single person is affected by interest whether they deal with it or not. This is immoral.
- tim333 5y ago"Usury (/ˈjuːʒəri/)[1][2] is the practice of making unethical or immoral monetary loans that unfairly enrich the lender" I'm not sure present interest rates around 0 - 3% really count. Of course you can get an iffy credit card with bad rates but that's your choice.
- azth 5y agoAny rate over 0% is immoral. This is how we have it in Islam. Loans are strictly an act of charity. Otherwise, there are moral and ethical ways to invest your money that are not predatory.