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38
Bernie Sanders goes full anti-semite (media.scored.co)
posted 1 year ago by fillybon on scored.co (+0 / -0 / +38Score on mirror )
30 comments
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10
Erase99 on scored.co
1 year ago 10 points (+0 / -0 / +10Score on mirror ) 3 children
Interest should be banned. 0% rate cap.
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kalerg_plan on scored.co
1 year ago 3 points (+0 / -0 / +3Score on mirror ) 1 child
Doesn't work. Islamic countries do that but they find other ways to rob people through banking.
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5
BlippiIsAPedo on scored.co
1 year ago 5 points (+0 / -0 / +5Score on mirror ) 1 child
So get rid of muzzies?
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kalerg_plan on scored.co
1 year ago 5 points (+0 / -0 / +5Score on mirror ) 2 children
The problem isn't specific to Muslims. Banking is vital to modern economies and it will exist no matter how hard you try. Best you can do is regulate it. 0% Max interest is not a useful regulation.
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5
JesusSupporter33 on scored.co
1 year ago 5 points (+0 / -0 / +5Score on mirror ) 1 child
> modern economies

Well there's the problem right there.
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kalerg_plan on scored.co
1 year ago 0 points (+0 / -0 ) 1 child
May as well become Amish then.
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3
BlippiIsAPedo on scored.co
1 year ago 3 points (+0 / -0 / +3Score on mirror ) 1 child
Well I trust God. And in the Bible charging any interest is a sin. So I am going to trust that God knows better than Man.
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kalerg_plan on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
Replacing interest with recurring fees follows the letter of the law which is how banking works in Islamic countries. Banning interest is too simple and it will be worked around by people more clever than you.
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2
ImBillCurtis on scored.co
1 year ago 2 points (+0 / -0 / +2Score on mirror )
In Christian societies, it is
 
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FN57 on scored.co
1 year ago 0 points (+0 / -0 ) 1 child
Such a retarded take.

If I loan you anything, anything, you have to pay me for it. That includes money - there's a risk I don't get it back.
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Erase99 on scored.co
1 year ago 2 points (+0 / -0 / +2Score on mirror ) 1 child
Even the pre-Christian Greeks considered earning interest on money to be worthy of death.
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FN57 on scored.co
1 year ago 0 points (+0 / -0 ) 1 child
If I lend something to you, there's a chance you damage it or never give it back. I'm going to charge a fee, require a deposit, something. You are arguing against a principle as basic as supply&demand
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Erase99 on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
No, I'm not. You are talking about compensation for lost or damage goods. Interest is the earning of money without anything being produced. If you borrow $100 from me, and you pay it back in 1 year, if I charge you $110, this is interest. The $100 has not been "damaged". The interest earned is a completely different concept from money held as security against a borrowed item.
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FN57 on scored.co
1 year ago 0 points (+0 / -0 ) 1 child
> You are talking about compensation for lost or damage goods

Paid with the loan, based on how much your borrowed and how much time you have my money. Call it an annual percentage rate.

> Interest is the earning of money without anything being produced.

You told me you were doing something with the money. If you borrow my hammer to build a shed, pay me. If you borrow 10k to build up a business, pay me.

Basic supply and demand. I have something you want. Pay me.

Anytime I lend anything out, I'm risking not getting it back, to only getting part of it back, to wear and tear. For money, I'm losing out on it being available to me. Pay me.

You economic policy goes against nature.
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