> by pumping up the value of debt relative to labor, i.e. making the rich richer and the poor poorer. In other words, interest based debt is bad because it is

> by pumping up the value of debt relative to labor, i.e. making the rich richer and the poor poorer. In other words, interest based debt is bad because it is exploitative. Something we've known for a long time now. Interest based lending is prohibited in Islam for that reason (as well as in Judaism and Christianity).