Thread: Usury
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Old 07-26-2008, 04:59 PM   #37 (permalink)
Apollia
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Quote:
Originally Posted by Lauxa View Post
As far as limiting freedom goes, this stuff is more in the realm of contract law. As in which clauses in contracts will be enforced by the government and how. So the government wouldn't have to go out and actively stop people from entering into usurous contracts, but the collectors wouldn't have government authority to back up the collection of the monies.
I like that approach. That, too, would discourage usury without applying any force. If the government wouldn't do wage garnishments, bank account levies, etc. on behalf of creditors' usurious contracts, it would actually be a reduction of government interference in people's lives.

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Apollia
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