> Nobody should have the power to subvert the meaning of time. Interesting take, but isn't setting an interest rate doing exactly that, whatever that rate is?

> Nobody should have the power to subvert the meaning of time. Interesting take, but isn't setting an interest rate doing exactly that, whatever that rate is? This is why, the Islamic approach is the most superior one: no lending money with interest, period. This means at least two things: (1) Lending money becomes an act of charity, since you cannot profit off of it. (2) You want to tap into time value of money? Invest it in a proper risk sharing manner that is fair to all parties engaged. It would be a very different world had we implemented this approach.