Fraggle Rocker
Staff member
If the person who loans him the money to buy that car doesn't charge interest, then how is he to gather the capital to build the factories that make the cars and the farms that raise the food? Duh?Early christians, indeed, even pure of heart people today, know that usury is ugly, dirty, nasty and immoral. Christians care about more than just the OT. The poorest of the poor will have to take out a car loan, just to get to work, at a huge amount of interest, and be paying it out forever, just so he can go to work to feed his children.
You obviously never took even the most basic course in economics. Until you do, I suggest that you keep quiet rather than continue to embarrass yourself in this community of scholars.
As I said, you have not the faintest understanding of how an economy works. That money does not "sit in a bank." It is being lent out to other people to start businesses, including the "business" of sending children to college so they can become prosperous adults who help make civilization even better, a "business" your parents obviously did not practice. It is being spent on the building of factories, warehouses, computer networks and stores, not to mention paying the salaries of their workers.Meanwhile, the millionaire will have his money sitting in the bank and that interest will be essentially be transferred to his account and the banker (jew?) will make a little profit too.
I agree that many of today's American businessmen have become scavengers instead of producers and don't contribute as much to the economy as their predecessors. See my recent post in the Business and Economics subforum on the financialization of the commodities market, for example. (Oh forget it. You couldn't possibly understand it.)
But this temporary aberration does not indict the model of a capital-driven economy, which in a few short centuries has raised the entire world up out of the abject poverty (and the thirty-year life expectancy) of the pre-industrial era. It's working just fine in China. Starting below a zero point with millions of citizens starving to death, their per-capita GDP has increased by a factor of eight since the demise of Mao. And, btw, unreformed socialists like yourself now hate the Chinese more than the Jews.