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Replying to Avatar lex

He’s also wrong about fractional reserve banking being amoral.

Stealing purchasing power is absolutely immoral.

Usury begets factional reserve banking inflating the money supply, and ultimately creating debt slavery.

So usery is a sin, but for greater reasons than he thinks. Much greater reasons than “the church says so”.

The church says so b/c over enough time it creates debt saves, via the process above.

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Laser 2y ago

He's a better writer than he is an interviewer. For someone who hasn't studied Austrian Economics, he gets alot right.

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