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Any usurious transaction is predatory by definition. Of course people don't want to talk about it. Someone submitted the wikipedia article about usury to HN abo
by za3faran 4y ago
Any usurious transaction is predatory by definition. Of course people don't want to talk about it. Someone submitted the wikipedia article about usury to HN about 12 hours ago but it got flagged apparently.
- dagw 4y agoSo you think banks should instead charge you to hold deposits? Would you use such a bank, if they promised to never engage in 'usury'?
- za3faran 4y agoYes that's one possibility. Furthermore, there are ways to make money that are not usurious.
- cjtrowbridge 4y agoWhy don't you go try to start something like that and tell us how your ideas work out in real life.