The Vicious Effect of Usury

Anglophile

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Not at all. The IMF comes into a country like Argentina, rapes its economy, and leaves it certain to need another bail out. But where does this bail out money go? Certainly not to the people. It goes to a small criminal elite, who keep that money in their own European and US bank accounts.
The fascist, pro Nazi Peronists who regularly come in and spend money like a drunken sailor?? :sneaky:
 

Anglophile

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It would, however, be great to see the debt written off for several African countries - who are being enslaved
by the Chinese Communist scum....
 

Tadhg Gaelach

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There are 7 in real trouble - and owe billions to China.

There are a number who are doing really well and are a great success. :)

Libya was the most successful country in Africa, until the Ziomatrix bombed it into the stoneage and handed it over to Al Qaeda.
 

Son_of_Tuathal

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As is so often the case, it profits those of us whose understanding of a given topic is insufficient to consider what Thomas Aquinas has to say on the subject:

To take usury for money lent is unjust in itself, because this is to sell what does not exist, and this evidently leads to inequality which is contrary to justice. In order to make this evident, we must observe that there are certain things the use of which consists in their consumption: thus we consume wine when we use it for drink and we consume wheat when we use it for food. Wherefore in such like things the use of the thing must not be reckoned apart from the thing itself, and whoever is granted the use of the thing, is granted the thing itself and for this reason, to lend things of this kin is to transfer the ownership. Accordingly if a man wanted to sell wine separately from the use of the wine, he would be selling the same thing twice, or he would be selling what does not exist, wherefore he would evidently commit a sin of injustice. On like manner he commits an injustice who lends wine or wheat, and asks for double payment, viz. one, the return of the thing in equal measure, the other, the price of the use, which is called usury.

On the other hand, there are things the use of which does not consist in their consumption: thus to use a house is to dwell in it, not to destroy it. Wherefore in such things both may be granted: for instance, one man may hand over to another the ownership of his house while reserving to himself the use of it for a time, or vice versa, he may grant the use of the house, while retaining the ownership. For this reason a man may lawfully make a charge for the use of his house, and, besides this, revendicate the house from the person to whom he has granted its use, as happens in renting and letting a house.

Now money, according to the Philosopher (Ethic. v, 5; Polit. i, 3) was invented chiefly for the purpose of exchange: and consequently the proper and principal use of money is its consumption or alienation whereby it is sunk in exchange. Hence it is by its very nature unlawful to take payment for the use of money lent, which payment is known as usury: and just as a man is bound to restore other ill-gotten goods, so is he bound to restore the money which he has taken in usury.
SUMMA THEOLOGIAE: The sin of usury (Secunda Secundae Partis, Q. 78)
 

The Field Marshal

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As is so often the case, it profits those of us whose understanding of a given topic is insufficient to consider what Thomas Aquinas has to say on the subject:



SUMMA THEOLOGIAE: The sin of usury (Secunda Secundae Partis, Q. 78)
I am a big Aquinas fan but on this usury issue I do not think he got it right.

If I loan somebody 50 euro or any other sum then I,m deprived of the use of that money until the loan is repaid.
Therefore I am entitled to some compensation should I seek it.

Usury is essentially a form of restitution given by the borrower to the lender in compensation for the lenders temporary loss.
Aquinas iinm is big on restitution so it’s hard to understand how he went so astray on usury.
 

Anglophile

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Antisemitic canards are unfounded rumours or false allegations that are defamatory towards Judaism as a religion,
or defamatory towards Jews as an ethnic or religious group.

Since at least the Middle Ages they often form part of broader Jewish conspiracy theories.....
 
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