reply on: Why Lending Money (at Interest) Is Not Usury in the Modern World \ stacker news ~econ

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20 sats \ 6 replies \ @BlokchainB 6 Jun 2025 \ on: Why Lending Money (at Interest) Is Not Usury in the Modern World econ

I’m so confused. I thought interest was always usury at any discount rate!

60 sats \ 5 replies \ @Rothbardian_fanatic OP 6 Jun 2025

Interest is only the cost of deferring your desires from today to the future. Somebody has to pay for the lost opportunity cost, either the borrower or lender. Again, what is usury?

10 sats \ 4 replies \ @BlokchainB 6 Jun 2025

According to the Bible the lender should bare that cost

57 sats \ 3 replies \ @Rothbardian_fanatic OP 6 Jun 2025

As in many other things the Bible may not be accurate. Who wrote the Bible?

10 sats \ 2 replies \ @BlokchainB 6 Jun 2025

God

0 sats \ 1 reply \ @Rothbardian_fanatic OP 6 Jun 2025

Are you sure about that? I guess it depends on who you are calling God.

20 sats \ 0 replies \ @BlokchainB 6 Jun 2025

Yup I’m sure