I agree. I don't know if there's any valid way at all to justify that particular type of usury.
I can't deny that consumer debt is technically agreed to, even though many people (like myself) really didn't want it and only agreed because their circumstances were so unpleasant that debt seemed like a lesser evil.
In contrast, however, the interest paid on the U.S.'s currency was not agreed to by the American people, and yet we all have to pay for it.
Quote:
Originally Posted by SomeRandomGuy  I do think, however, that we have developed into a debt-hungry society and I am very interested in considering the impacts of seeing a reversal of this trend. Like you said with your McDonald's example, consumer demand drives the market. The only good way to have a world without usury is for individuals to refuse to take part in the system. I don't think that will ever happen, but it makes for interesting discussion. |
I agree.
I realized recently I overlooked one good possible way to discourage usury that wouldn't involve using force like government regulation. (I actually thought of it a long time ago, but simply forgot about it when I wrote my last post.)
Charity on a large enough scale would probably reduce the demand for consumer debt. If grants were a realistic possibility for more people, I'm guessing fewer people would go into debt. If charity/grants were widespread enough, usury could perhaps be totally eliminated through peaceful means.
Best wishes,
Apollia