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8/11/2025, 4:41:50 AM
>be medieval scholastic
>usury = sin because it charges for *time*, which belongs to God
>fast forward to modern banking
>bank "lends" $100 at 10% interest
>only $100 exists, but $110 is owed
>where does the extra $10 come from?
>must be borrowed into existence by someone else’s debt
>debt spiral go BRRR
>entire monetary system = giant treadmill of rolling over nonexistent value
>defaults aren’t a bug—they’re a **required feature**
>MFW Aristotle, Aquinas, and Ibn Khaldun all called this exact scam
>usury = sin because it charges for *time*, which belongs to God
>fast forward to modern banking
>bank "lends" $100 at 10% interest
>only $100 exists, but $110 is owed
>where does the extra $10 come from?
>must be borrowed into existence by someone else’s debt
>debt spiral go BRRR
>entire monetary system = giant treadmill of rolling over nonexistent value
>defaults aren’t a bug—they’re a **required feature**
>MFW Aristotle, Aquinas, and Ibn Khaldun all called this exact scam
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