In many historical societies including ancient Christian, Jewish, and Islamic societies, usury meant the charging of interest of any kind, and was considered wrong, or was made illegal
Lpt: you can use the Bible as an excuse to not push credit cards on customers in retail.
Deuteronomy 23:19 is quite clear when it says “You are not to charge interest to your countrymen: interest on money, food, or anything that may be loaned on interest"
Banks charge interest on credit cards.
If I push a credit card, that is the same as me pushing interest on my fellow countryman, and as I am a devout Christian (lmao no, I have donated money to TST to help pay for their clinics) I cannot in good conscience offer a credit card to anyone.
So far no retail manager has pushed back on it. Probably because they know I’m full of shit but if pressed I absolutely will make it a problem for them, and since I’m solidly in the Bible belt of the US (send help please), nobody wants to chance a court case.
Interest payments from money sitting in a bank account are basically a rounding error on most rich people’s balance sheets. By far the most wealth they accumulate comes from the growth of stocks they own.
Yes, but that wealth will tie one way or another into the banking system (for example a rich person could take an ultra low-interest loan to invest it), which is fueled by money extracted from working class people by restricting necessities of life such as housing and education. I mean banks certainly aren’t building up their wealth by giving loans to the rich essentially for free. It’s no exaggeration to say that the whole system runs on human suffering with the purpose of making the rich richer.
The whole concept of interest is fucked up and a tool for the rich to extract money from the poor. That should be illegal.
I’m pretty sure it used to be considered bad and sinful
https://en.m.wikipedia.org/wiki/Usury
Lpt: you can use the Bible as an excuse to not push credit cards on customers in retail.
Deuteronomy 23:19 is quite clear when it says “You are not to charge interest to your countrymen: interest on money, food, or anything that may be loaned on interest"
Banks charge interest on credit cards.
If I push a credit card, that is the same as me pushing interest on my fellow countryman, and as I am a devout Christian (lmao no, I have donated money to TST to help pay for their clinics) I cannot in good conscience offer a credit card to anyone.
So far no retail manager has pushed back on it. Probably because they know I’m full of shit but if pressed I absolutely will make it a problem for them, and since I’m solidly in the Bible belt of the US (send help please), nobody wants to chance a court case.
Interest payments from money sitting in a bank account are basically a rounding error on most rich people’s balance sheets. By far the most wealth they accumulate comes from the growth of stocks they own.
Yes, but that wealth will tie one way or another into the banking system (for example a rich person could take an ultra low-interest loan to invest it), which is fueled by money extracted from working class people by restricting necessities of life such as housing and education. I mean banks certainly aren’t building up their wealth by giving loans to the rich essentially for free. It’s no exaggeration to say that the whole system runs on human suffering with the purpose of making the rich richer.