3 ms·
It looks like the Catholics don't consider any interest to be usurious, only excessive interest (which leaves a lot of wiggle room).
by yucky 4y ago
It looks like the Catholics don't consider any interest to be usurious, only excessive interest (which leaves a lot of wiggle room).
- zdragnar 4y agoThat's directly contradicting the Pope: > One cannot condone the sin of usury by arguing that the gain is not great or excessive from the parent comment
- yucky 4y agoWell not quite. On page 32 of their Annual Report you can see in the income statement where they are earning millions in interest[0]. [0] http://www.ior.va/content/ior/en/media/annual-report/annual-report-2020.html http://www.ior.va/content/ior/en/media/annual-report/annual-...
- OkayPhysicist 4y agoThat's thanks to the 1917 Code of Canon Law [0] [0] https://en.wikipedia.org/wiki/1917_Code_of_Canon_Law https://en.wikipedia.org/wiki/1917_Code_of_Canon_Law