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> You borrow someone's money you must pay it back. Why? Unsecured loans are servitude. And it just inflates the cost of the thing lended for. I don't think on
by rightbyte 3y ago
> You borrow someone's money you must pay it back.
Why? Unsecured loans are servitude. And it just inflates the cost of the thing lended for.
I don't think one can argue for usury from some sort of moral angle.
- JumpCrisscross 3y ago> Unsecured loans are servitude Credit cards are servitude?
- rightbyte 3y agoI guess you can argue it is not servitude if the unsecured loan is small enough that it can be repayed if the borrower wants to.
- JumpCrisscross 3y ago> you can argue it is not servitude On the basis of nobody being compelled to do labour, yes.
- rightbyte 3y agoYe. Maybe my wording with 'servitude' was just bad though.