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Old 11-04-2011, 03:12 AM
Nuk3Afr1ca Nuk3Afr1ca is offline
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Quote:
Originally Posted by Tommy_Wiseau [You must be logged in to view images. Log in or Register.]
There's a reason usury was outlawed in the past, and will be again in the future. That list is a case in point.
There are two reasons all the wealth accumulated in the hands of a few people. Usury lending from local banks to citizens is not one of them.

1. The Federal Reserve - a central, private bank issuing money to the government at interest. Technically you could consider this "usury" as it's a private bank lending money to the government, but it's more of a flat out scam since the government can issue it's own debt free currency.

2. Leveraging - if people are allowed to leverage money, it creates a situation where someone can make exponential profits but not exponential loses since anything below 0 is mostly redundant, especially if the entity is a corporation and any penalties towards it don't apply to any actual human being.
Last edited by Nuk3Afr1ca; 11-04-2011 at 06:32 AM..
 


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