2 ms·
Agreed. I guess it could be said that usury is an integral part of our current monetary system. It looks amazingly profitable from the bank's perspective. You
by cryptica 5y ago
Agreed. I guess it could be said that usury is an integral part of our current monetary system.
It looks amazingly profitable from the bank's perspective. You just print money, loan it out to PersonA to buy a house, then collect interest payments on that for 20 years, then PersonB comes along, you print even more money, loan it out to PersonB to buy the same house from PersonA at a higher price, then collect interest payments on that for another 20 years... Repeat ad-infinitum.