Thread 513346993

what's wrong with usury, goy? you signed the contract

>>513346993 (OP)
Isn't BAP a fag that get fucked by other men?

>513346993
I dont care. Kys

>>513347149
>jewish disinformation agent doing pilpul
Don't care. TKD.

>>513347149
Yes.
meant to link >>513347263 to the OPkike

>>513346993 (OP)
Literally the very concept of loans with interest should be outlawed. You should not be able to make money by taking advantage of some desperate schmuck and making him into your little paypig

>>513347263
Yeah BAP is a faggot for his daddy Peter Thiel, both deserve to be shot in the head like the dogs they are. Fuck you house nigger.

Banning usury and other lecherous economic practices is essential to fix US economy. Large contributing factor in 2008 mortgage crisis was jews giving out mortgages to blacks and impoverished people who they knew would default, but also knew their loans were collateralized by Wall Street insurance companies and debt was being bundled together / tokenized as junk bonds - eventually becoming average taxpayer’s problem

>>513346993 (OP)
>what's wrong with usury
what's wrong with murder?

>>513346993 (OP)
interest free loans to other jews need to stop for a start.

>>513347149
Yes. He’s also Jewish. To his credit he’s been out as a capitalist apologist for longer than he’s been open about being a homo. Support for the capitalist mode of production is one of the only consistent opinions I can remember him having; I guess now we know why.
>>513347358
I’m increasingly leaning this way but I don’t think it’s particularly feasible. How would you finance capital projects?

>>513347768
>How would you finance capital projects?
flat fee
I loan you a thousand dollars you owe me a thousand and one hundred dollars.

Monopoly rents should be studied and eliminated

>>513347768
So he's LITERALLY a gay Jew, why do we listen to him? Why does anyone listen to him? At least Fuentes ISN'T Jewish, though he's still a fag I suppose.

>>513347988
Based. No more of this "time is money" shit. You want that? Go play the stock market. Hustle hubbas. Fucking wageslave.

>>513347358
burgermutt doesn't know about defaulting

>>513347358
Spoken like a debt riddled retard. Normal people understand how interest works.

>>513348239
You don't need interest to enforce a penalty on defaulted debts.

>>513348089
Jews should be eliminated
Pajeets too

>>513348142
>why do we listen to him?
we don't, everyone on 4chan hates him. /lit/ gets spammed with BAP threads daily by bots, and the OPs and shillposts are nearly identical every time
>Why does anyone listen to him?
thiel bankrolls his endless astroturfing, but 4chan is the only place where you're allowed to call him out for being a jew, a thiel creature, and having ties to israeli intelligence

>>513346993 (OP)
wow a jew is mad we don't like usury news at 11

>>513348218
>>513347988
The longer you have my money, the longer I don't have it. That means you pay more the longer you have it.
Your alternative of paying a flat fee makes no sense. If you don't pay me the flat fee on time, what happens? Do I add another fee for being late, which is effectively interest? How would repayment be enforced? Would you start harshly punishing people for being late on payments? That's a retarded idea

>>513346993 (OP)
>1995- now
Fucking lol lmao even

>>513346993 (OP)
All the major religions before they were cucked forbade usury. It devastates your civilisation on numerous levels: it exploits those in desperation, earning money through money printed from nothing breaks a spiritual law (theft), it creates divisions (nobody likes money lenders), and skilled usurers concentrate money in the hands of a few. The point is to help the poor not prey on them like a common thief. That Bronze Age Pervert is just a gobshite.

>>513348515
>If you don't pay me the flat fee on time, what happens?
Seize assets to make up for difference owed. There is no infinitely growing debt.
>That's a retarded idea
Sorry you're a kike and want to try to steal the sweat of another man's brow but when you are paid back what you loaned that's it, there is no collecting money you never gave out.

FRACTIONAL RESERVE BANKING. JEWS.

>>513346993 (OP)
>>513348515

>>513347988
That's literally usury, with a 10% interest rate. Begone juden.

>>513347988
For the same risk class?

>>513346993 (OP)
Money exists to transact wealth, not to exploit it and make wealth out of no productivity. While investing in economic endeavors is relatively harmless, making excessive money off of lending money or betting on economic collapse of others is morally despicable and economically degenerative.

>>513350769
>"ban shorting because muh morals"
go fuck yourself

>>513348239
Have you heard of collateral? It's what a RESPONSIBLE lender makes sure can become his own property if the borrower decides "nah".
Half the problems with the lending business are caused by lazy, irresponsible lenders and borrowers. The other half are caused by criminals taking advantage of all this institutionalized laziness.

>>513346993 (OP)
Remember, your government goes into debt and pays endless interest to them, and no, the citizens didnt sign the paperwork.

>>513350839
>I can only make money by hoping my neighbour goes bankrupt
Subhuman parasite

>>513351382
maybe he shouldnt make such retarded use of his money if he doesnt want to go bankrupted

>>513347149
and jewish, yes

>>513346993 (OP)
handsome thursday faggot whines about usury did not read

>>513346993 (OP)
>1995-to now
NGMI

>>513346993 (OP)
It's actually embarrassing watching him flail around like a gay boy in politics and economics. Why would he not just stick to his thing? Is this the power of twitter?

>>513347149
A jewish fag.

Look, it's pretty fucking simple when it comes to these people.

Are they jewish?
>block
Are they a faggot?
>block

Put them in whatever filters on 4chan too. Stop fucking listening to anyone who is jewish or gay. Full stop. There are more women worth listening to than jews, fags, or jewish faggots. Completely irredeemable types of people who will never tell you anything good. The people actually worth listening to never get posted on this shithole because they don't have PR management teams or groupies sucking their dicks. The more dramatic, the more hot air, and the less building they are doing, the more you should be ignoring them.

>>513352199
>it's his fault I'm a subhuman who will push for people's businesses to fail so I can buy more slop to stuff in my mouth so I can shit it out
If his business fails the it fails. Wanting it to happen sk you can profit off of his and his family and employees misery is a psychopathic subhuman behavior. Your neanderthal ancestors were hunted into extinction and so will you one day. Now fuck off back to r*ddit to your cattle

>>513347358
Loans are useful, but they are absolutely being abused in multiple ways and our society doesn't even try to control it. Credit cards shouldn't even be available to women or non-whites, period. They massively inflate consumer spending and drive up the price on goods by inflating demand beyond the means of the population in aggregate. It's not used for emergencies or investments, these things are being used as financial shackles on retards - encouraging them to drive up the price of everything through artificially inflated consumption, while likewise binding them into being perpetual debt slaves forever working and paying money to their owners.

>>513347149
>Isn't BAP a fag that get fucked by other men?
Yes, he is a rightwinger so by definition he is both gay and jewish.

>>513350594
>That's literally usury, with a 10% interest rate. Begone juden.
How do people this bad at math even survive?

>>513352607
maybe he wanted it to fail because he was naked shorting it/dumping and waiting for a buyback and now he's swimming in investors money

>>513352932
Stop making up shit to defend your immoral behavior. I've seen too many projects and companies destroyed because of nothing else but money manipulation. It's a sick and pervasive idea to bet on the collapse of businesses of your countrymen or your economy. It incentivizesrit or causes self fulfilling propehcy for it to happen.

>>513352932
If someone manipulates their company like you've described they'll be punished too.

>>513347149
I thought he got unmasked as a literal brownoid.

>>513346993 (OP)
usury, which is not synonymous with either “loan” or “interest”, although unsurprisingly, the modern definition has been corrupted and is incorrect. The American Heritage defines it thusly:

The practice of lending money and charging the borrower interest, especially at an exorbitant or illegally high rate.
An excessive or illegally high rate of interest charged on borrowed money.
Interest charged or paid on a loan.

Even in the precise wordings of the definition, we can see the ambiguity that is the red flag that a word spell has been cast. If both interest charged and paid on a loan are usury, then both the lender and the borrower are usurers. And if all interest paid is usury, then there is no need to bring the rate of interest into the equation at all, and any exorbitant, excessive, or illegal aspect is irrelevant.

Now, the history of economics, especially as recounted by Murray Rothbard, is essentially the history of relentlessly challenging the Catholic Church’s ban on usury. And in retrospect, it’s clear that this incoherence is the direct result of centuries of gradually chipping away at the concept through adulteration and expansion of the moral and legal permissibility of usury.

>>513353937
p2
In order to determine if a proposed contract is usurious, only three questions need be asked. If the answers to all three questions are unanimously yes, then the contract is not usurious and it is a legitimate census agreement as opposed to an illegitimate and usurious mutuum agreement:

Is interest charged on the loan?
Has the borrower posted collateral providing security on the loan?
Is the lender’s recourse for recovery of principal and interest, in a case of default, limited to the named collateral and only the named collateral?

The difference depends upon the nature of the guarantee for the loan, and NOT the existence of any interest. This is why student loans, credit card loans, and even car and home loans that are backed by personal guarantees are wicked, whereas corporate bonds and convertible notes are not. It is also why usury is so uniformly destructive from an entirely secular sense, while allowing the usurers to hide behind the legitimate utility of debt that permits the healthy growth of agriculture and industry without inevitably giving way to a credit bubble and eventual economic collapse.

>>513346993 (OP)
Isn't Bronze Age Pervert Indian?

>>513353970
p3
The thing that is important to understand is that while one can provide a loan, and one can legitimately receive interest on that loan, the collateral provided as a guarantee against default on it must be real, specific, and, of course, proportional to the value of the combined principle and scheduled interest of the loan.

For example, if a farmer who owns ten acres of land worth 60k borrows 10k from you, you cannot hold him responsible for repaying it. And while you can require him to put up his land as collateral as a condition for the loan, you can’t legitimately have him provide all ten acres he owns as a guarantee since the land is worth 6k per acre. In that case, two acres is sufficient backing for the principle and interest; a proper census contract tends to look a lot more like a normal sale with a time delay than a bank loan full of terms and conditions that are manifestly one-sided and predatory.

Now, all this being said, it is still possible that the traditional distinction made by Christendom between mutuum and census is insufficient without a periodic jubilee,

>>513354542
p4
as this selection from the 1911 Encyclopaedia Britannica shows:

In Athens about the time of Solon’s legislation (594 B.C.) the bulk of the population, who had originally been small proprietors or metayers, became gradually indebted to the rich to such an extent that they were practically slaves. Those who still kept their property nominally were in the position of Irish cottiers: they owed more than they could pay, and stone pillars erected on their land showed the amount of the debts and the names of the lenders. Usury had given all the power of the state to a small plutocracy.

The remedy which Solon adopted was of a kind that we are accustomed to consider as purely modern. In the first place, it is true that according to ancient practice he proclaimed a general seisachtheia, or shaking off of burdens: he cancelled all the debts made on the security of the land or the person of the debtor. This measure alone would, however, have been of little service had he not at the same time enacted that henceforth no loans could be made on the bodily security of the debtor, and the creditor was confined to a share of the property. The consequence of this simple but effective reform was that Athens was never again disturbed by the agitation of insolvent debtors. Solon left the rate of interest to be determined by free contract, and sometimes the rate was exceedingly high, but none of the evils so generally prevalent in antiquity were experienced.

The only winners of usury are banks who charge high interest then sell the debt to someone else never having to worry about collection or collateral and deadbeats who borrow what they can fully intending to never pay it back. The average person gets fucked on two fronts, because of the deadbeats lenders get to charge higher interest and if usury didn't exist the property would have to affordable or it would have no demand this the average person has to participate if they want a house, paying a rent to the banks without the responsibility's of the owner.

>>513354405
I think he is the White kind of Romanian but he's certainly a faggot.

>1pbtid
>bronze age pajeet
learn to recognize pajeet threads. learn to stop giving (You)s, which end up as rupees, to OPs like this. jews pay pajeets to spam this board en masse with the same globohomo agenda that you're still associating with only jews. since 2023 you are much more likely to see jew noise posted by a pajeet. there are a hundred times as many pajeets as there are jews. if you want any part of the internet to survive, you must detect, reject and redeem pajeets everywhere you find them

>>513353061
>Stop making up shit
it happens all the time, check gamestop naked shorting
>>513353120
>they'll be punished too
how? the governments do it all the time, just check the value of the argentina peso or the turkish lyra quoted in gold

>>513348515
>The longer you have my money, the longer I don't have it.
Progressive tax on misers