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@FeserEdward I don’t agree with those who claim that the development of the Catholic Church’s teaching on usury amounts to doctrinal reversal. However, I agree that neglect of the teaching is scandalous and that usury is a deep, pervasive, but unnoticed aspect of the modern crisis of the West

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dward Feser

@FeserEdward
I'm not sure what to think about the specifics of the views of the (late, much-missed) Zippy, other than to say that he was trying to badger people into thinking less lazily and more rigorously about this issue and was absolutely right to do so.
Edward Feser
@FeserEdward
I don’t agree with those who claim that the development of the Catholic Church’s teaching on usury amounts to doctrinal reversal. However, I agree that neglect of the teaching is scandalous and that usury is a deep, pervasive, but unnoticed aspect of the modern crisis of the West
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Fred martinez
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Edward Feser
@FeserEdward
The short answer is: inordinate. Everything rides on what that means, of course. The trouble is that few care to pursue that, but just shrug and think "Oh, well, I guess most of what is taken for granted these days doesn't seem inordinate." The teaching is made a dead letter.
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Jeff Cassman
@JeffCassman
Is it usury to borrow money at 30% APR to pay for a car repair so I don't lose my job? Is it usury to borrow money at a high rate of interest to buy a farm so i can save bigly on food costs to support my family?
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Sanctum Oleum
@Columcilled
Usury is the cause of so much evil... Meditate on this poem.
youtube.com
Ezra Pound reading his Usura Canto, 1939.
Ezra Pound reciting Canto XLV, the Usura Canto, recorded at Harvard, 1939. In the prelude Pound distinguishes usury from interest. The prelude, was recorded ...
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Sanctum Oleum
@Columcilled
Usury is the major problem in the West. Ezra Pound understood this very well, so they threw him into a gulag. But to deal with this issue, you have to talk about the Jews, and to talk about the Jews means you will suffer civil death. So ... usury, what usury?!
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Anonymous said…
The nature of money has changed. All money loses value over time, by design. Usury is how we are enslaved thus far. If you are not constantly earning money you are losing value. If you borrow P from a bank you owe P + I. But only P has been added to the money supply, so how do you pay back the extra I?

More money is owed to banks than actually circulates in the global economy. It's been designed that way so banks can seize assets of those who lose the game of financial musical chairs.

The next phase of enslavement is to be tagged like cattle with a digital id connected to all social activities. If you do anything the NWO doesn't like they turn off your chip, and you can't participate in society anymore.
9:19 AM
Anonymous said…
Edward's argument is correct. I met a professor who knew a lot about the Middle Ages who showed the changes that took place after that time, in the example of the emergence of the bank and inflation. If someone lends money, then it was no longer possible to receive the same amount because of currency devaluation. What the Church condemns today, therefore, is the exorbitant interest that comes from usury.
11:28 AM
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