If a contract is usurious it is necessarily usurious in all of those different kinds of currencies

If a contract is usurious it is necessarily usurious in all of those different kinds of currencies

So even if you disagree with me about the nature of currency, our different views on currency do not have any effect on the condemnation of usurious loans denominated in those currencies

No. Usury and the creation of faux-wealth through usurious contracts is a pervasive problem in modern economies, and the nature of currency has not changed. However, even if we postulate that the nature of currency has changed, that does not alter the prohibition of usurious lending, properly understood.

It turns out that the kind of currency used is irrelevant to the issue of usury (Question 35), so various opinions about fiat currency, so-called “hard” currency, and other trading tokens or fungible commodities are entirely distinct from the subject of usury per se. Continue reading If a contract is usurious it is necessarily usurious in all of those different kinds of currencies

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If you are considering a motor vehicle label loan, chances are good that you’ve come across some unexpected costs

If you are considering a motor vehicle label loan, chances are good that you’ve come across some unexpected costs

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