It’s rare that machine-generated output is a compelling read, but here it goes.
https://claude.ai/share/5d46b637-1983-4942-93a8-921627d9d79a
"Jewish moneylenders occupied a specific social niche in medieval Christendom for complex reasons that have nothing to do with the theological argument itself."
(1/3)
"the assets of British banks ‘mostly consist of claims on other banks. Their liabilities are mainly obligations to other financial institutions. Lending to firms and individuals engaged in the production of goods and services – which most people would imagine was the principal business of a bank – amounts to about 3 per cent of that total.’"
It's not for nothing that the medieval church -- like modern Islam -- considered #Usury a sin. It is one.
https://www.lrb.co.uk/the-paper/v46/n17/john-lanchester/for-every-winner-a-loser
Augustine of Hippo was an African bishop, writes on heresies, and quotes 1 Cor 6:10 & Eph 5:5 to insist that the covetous, extortioners won’t inherit the kingdom.
Would it be fair to say that the modern church is in open rebellion against this teaching? Even if we clarify it’s not a wooden legalism against any interest at all.
How can you repent of covetousness?
#christian #usury #augustine
Meanwhile, in the #BadEconomy across the pond, but this is applicable in the U.S. too.
> 'I use buy now, pay later for groceries and other essentials. I'm £3k in debt' https://www.bbc.com/news/articles/cql94yr4y7vo
Folks, avoid BNPL like a plague. Seek out help resources as needed.
Bắt nhóm cho vay nặng lãi 350–528%/năm ở Đồng Nai, quảng cáo công khai trên Facebook. Công an khám xét, tạm giữ nghi phạm. #tin_nhanh #Tintuc #Facebook #baochi #breaking #VietnamNews #usury #DongNai
https://vtcnews.vn/bat-nhom-cho-vay-nang-lai-528-nam-chay-quang-cao-tren-facebook-ar986038.html
Công an Quảng Trị triệt phá nhóm cho vay tín dụng đen tính lãi 240-644%/năm, thu hơn 10 tỷ đồng bất chính từ 2023 đến nay. Cảnh báo dân không tham gia, báo ngay cơ quan chức năng nếu bị đòi nợ kiểu bạo lực.
#TinNóng #tíndụngđen #lãisuất644 #QuảngTrị #pháổnhóm #cảnhbáo #côngan
#Breaking #Usury #InterestRate644 #QuangTri #CriminalGroup #Alert #Police
https://vtcnews.vn/pha-o-nhom-cho-vay-voi-lai-suat-644-nam-o-quang-tri-ar984899.html
I think the fact that traditionally Jews couldn't practice usury on other Jews, nor Christians on other Christians, but each were allowed to practice on the other, leads - in a body of people composed largely of one group - to the other group being the usurers. This seems to end badly. My key take home point is that human beings are dickheads, and we need to be very, very careful when we lend capital that the borrower has a clear plan for repayment, understands the financial cost, and has a clear plan regarding how they'll create sufficient funds for repayment, and how we'll insure against failure in that regard on very clear, simply written terms that everyone is happy with.
#banking #organisedReligion #usury #lending #profit #capitalism #contract #civics #law #policing #debt
Buy now, pay later loans will soon influence your credit score https://qz.com/buy-now-pay-later-loans-will-soon-influence-your-credit-score
Maybe some of you need to stop buying your Mickey D's on the BNPL plan. Just saying.
One of the biggest illusions is that people with mortgage loans believe they own their homes.
Try missing three mortgage payments and see who is the real owner of "your house".
Coach Pāṇini ®
MindTGap
Simon Brooke
Greg Johnson
A. Rivera
VTC News Bot
doboprobodyne
Rashad