@37712 Thomas Sowell discusses the economic problems that come from outlawing interest bearing loans. If someone doesn't like a people, that's fine, but don't blame it on a financial instrument. If someone don't want to touch usury because it's immoral, do as the Muslims do with cost-plus financing contracts or make profit-sharing agreements. (This is more directed at the world in general, not you, specifically, @37712)
@DoubleD it is not usuri in the sense of making loans for those who want to start a business but making predatory loans to nations known full well that they will bankrupt them and take entire industries and natural resources away as collateral. Read the book Confessions of an Economic Hit Man and you will see what I am talking about, look at how the IMF operates and makes loans and you will understan.
@37712 Also, wasn't Pope Clement VIII's commenting about individual Jewish money lenders rather than large organizations like the IMF? I guess I don't see how loaning someone money and therefore taking on the risk yourself is such a bad thing. An individual can always just not take the deal.
