Well maybe, just maybe, whites are fucking stupid for banning usury. But let's say they're not. Then they're certainly fucking stupid for having different laws for different races and allowing Jews to charge usury.
But back to my first point? What's wrong with usury? I'm not lending you money for fucking free. And if you can't pay it back when we agreed and you need another loan, well that's not fucking free either. Do you take me for a bitch? Pay, motherfucker.
Yeah we take you for a bitch for charging interest. You’re literally producing an imaginary value and the expecting us to pay it. You lend $10 and I owe you only $10, not $15, not $30. You get what you you paid and not a penny more, otherwise why I can’t I just say OK how bout I just pay you $5 since money grows on fucking trees now so just get to picking
Usury wasn't classified by whether you charged interest or not, it was because of how much interest. Christians still loaned with interest but only a fraction as much.
So then there would be absolutely no credit markets. Money has a time value, and money lent to someone else is lent with an opportunity cost attached, and there is of a course a risk of default in every loan. You expect the lender to simply endure the opportunity cost and default risk gratis, and ignore the time value entirely. This is like the right wing equivalent of the lefties who claim all economic value is produced solely by labour and thus capital and enterprise shouldn’t be compensated for production. It’s a childish view which would, if ever implemented, serve only to terminate the markets in which it was practiced, i.e. your idea would completely end all credit markets, and lefties’ notions would end all production.
It's not imaginary value. A business gets a loan and gets real value having that money now. You give up the things you could do with it for a year. Interest encourages people to save money, put off consumption, allowing more resources to go to entities that can make better use of the consumption, like businesses.
You lend $10 and I owe you only $10, not $15, not $30.
Why would you borrow money now instead of just waiting (years?) before you can save it up? Could it be that the money is more valuable to you now rather than in the future?
When a government backs a loan with a guarentee of repayment...what "risk" are you taking? what "work" are you doing? why do you deserve to profit from doing nothing?
See if I borrow 100k and the gov will pay you back, you have no capital loss risk, therefore no profit is required because you took 0 risk
it's not that fucking hard of a concept to understand. "Pay me motherfucker" Or get the fuck out of my Aryan country and fuck off to israel if you want to be a usury lender
Aryan countries are for Aryan people and Aryan culture...we don't like usury, too fucking bad for you, go play with the kikes if you want to grift like they do
Default risk is only factor in an interest rate. You are ignoring opportunity cost and time value. Why would I lend you money when I could use that money that myself, either to invest in a potentially profitable enterprise, or to buy myself something of value? Nobody will forego those opportunities for free just because you happen to need money, whether there is a risk of default or not.
[ - ] Prairie 1 point 2 yearsMay 23, 2023 08:59:14 ago (+1/-0)
Naturally the government version is corrupt and one of (((their))) tricks. Let's stick to the pure form, two private entities agreeing on the loan with an interest rate, with no external entity mucking it up.
[ - ] Prairie 1 point 2 yearsMay 23, 2023 08:54:53 ago (+1/-0)
Exactly, as he said:
Christians who lent at 0% or didn't lend at all
It would be the latter, they don't lend at all, and people are worse off. A business would love to borrow at interest because they can invest the money now and make even more than the interest. Also people don't always pay back loans so the lender is putting themselves at some risk. It's literally in the name, interest. It has to be interesting to lend the money.
Some people here would swear off drinking water and eating meat if the jews recommended it.
[ + ] TheGreatWar
[ - ] TheGreatWar 0 points 2 yearsMay 22, 2023 23:47:46 ago (+3/-3)
But back to my first point? What's wrong with usury? I'm not lending you money for fucking free. And if you can't pay it back when we agreed and you need another loan, well that's not fucking free either. Do you take me for a bitch? Pay, motherfucker.
[ + ] WhatchaDoinRabbi
[ - ] WhatchaDoinRabbi 6 points 2 yearsMay 23, 2023 00:47:52 ago (+6/-0)
[ + ] voatisajewishheaven
[ - ] voatisajewishheaven 2 points 2 yearsMay 23, 2023 15:54:26 ago (+2/-0)
[ + ] mikenigger
[ - ] mikenigger 1 point 2 yearsMay 23, 2023 07:56:48 ago (+1/-0)
christcucks can't into economics, many such cases
[ + ] WEHRMACHT_BITCHES_AT
[ - ] WEHRMACHT_BITCHES_AT 0 points 2 yearsMay 23, 2023 17:01:12 ago (+0/-0)
[ + ] Irelandlost
[ - ] Irelandlost 1 point 2 yearsMay 23, 2023 08:11:48 ago (+2/-1)
[ + ] Prairie
[ - ] Prairie 0 points 2 yearsMay 23, 2023 08:57:19 ago (+1/-1)
Why would you borrow money now instead of just waiting (years?) before you can save it up? Could it be that the money is more valuable to you now rather than in the future?
[ + ] AryanPrime
[ - ] AryanPrime 2 points 2 yearsMay 23, 2023 05:04:23 ago (+2/-0)
When a government backs a loan with a guarentee of repayment...what "risk" are you taking? what "work" are you doing? why do you deserve to profit from doing nothing?
See if I borrow 100k and the gov will pay you back, you have no capital loss risk, therefore no profit is required because you took 0 risk
it's not that fucking hard of a concept to understand. "Pay me motherfucker" Or get the fuck out of my Aryan country and fuck off to israel if you want to be a usury lender
Aryan countries are for Aryan people and Aryan culture...we don't like usury, too fucking bad for you, go play with the kikes if you want to grift like they do
[ + ] Irelandlost
[ - ] Irelandlost 1 point 2 yearsMay 23, 2023 08:19:59 ago (+2/-1)
[ + ] Prairie
[ - ] Prairie 1 point 2 yearsMay 23, 2023 08:59:14 ago (+1/-0)
[ + ] mikenigger
[ - ] mikenigger 1 point 2 yearsMay 23, 2023 08:00:49 ago (+1/-0)
it's peak christcuckery when you think about it, the kings got away with it every time
[ + ] Rowdybme
[ - ] Rowdybme 0 points 2 yearsMay 23, 2023 08:58:18 ago (+0/-0)
[ + ] Prairie
[ - ] Prairie 1 point 2 yearsMay 23, 2023 08:54:53 ago (+1/-0)
It would be the latter, they don't lend at all, and people are worse off. A business would love to borrow at interest because they can invest the money now and make even more than the interest. Also people don't always pay back loans so the lender is putting themselves at some risk. It's literally in the name, interest. It has to be interesting to lend the money.
Some people here would swear off drinking water and eating meat if the jews recommended it.
[ + ] mikenigger
[ - ] mikenigger 0 points 2 yearsMay 23, 2023 09:25:05 ago (+0/-0)
i'm gonna become a rabbi and tell boomers not to kill themselves, israel is not gonna fund itself without their taxes
[ + ] Boyakasha
[ - ] Boyakasha 1 point 2 yearsMay 22, 2023 21:53:10 ago (+1/-0)
[ + ] Greskibon
[ - ] Greskibon 1 point 2 yearsMay 22, 2023 21:55:35 ago (+1/-0)
[ + ] SocksOnCats
[ - ] SocksOnCats 3 points 2 yearsMay 22, 2023 21:08:09 ago (+3/-0)
[ + ] NeedleStack
[ - ] NeedleStack 3 points 2 yearsMay 22, 2023 22:43:49 ago (+3/-0)*
Edit: Here's a link to one of his books (Hard Times Create Strong Men): https://files.catbox.moe/lp3dag.epub