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Replying to Avatar iefan 🕊️

Today, while reading about the Administrative Aspects of Napoleon, I inadvertently delved into a fascinating rabbit hole surrounding "compound interest-based loans," also referred to as "usury." Napoleon was strongly against it.

It appears that throughout history, many civilizations, both Christian & Islamic considered usury sinful and even illegal. Yet, in our modern era, entire economies are built upon it.

I'm starting to believe that perhaps they knew something we have since forgotten.

Don't you have any opinion around it? I'm still learning 🤔

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nami 1y ago

Creating money out of thin air?

Usury and leverage are bad things.

They only create debt for the poor and benefit of the few

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