Moscow Mood Clowns Itself Defending Usury
https://youtu.be/LO36kKihvio On Friday, President Trump announced a one year cap of 10% on credit card interest rates. The audacious move is politically expedient, beneficial to young people, and is a step in a biblical direction. But not all are happy about the announcement, and Gabe Rench at CrossPolitic is, so far, a leading voice against […]
The Sin of Usury Meets Social Justice
In modern discourse, the notion of usury as a sin is seldom discussed despite the financialization of our societies. By definition, usury implies a high or exorbitant rate of interest, so it has been reduced to images of mafia loan-sharks, payday lenders, and laws that establish maximum interest rates often seen on credit cards. The […]