Hastur wrote: Mon Oct 22, 2018 3:30 am
Speaker to Animals wrote: Fri Oct 19, 2018 4:36 pm
Fife wrote: Fri Oct 19, 2018 4:32 pm
Usery is taxation.
Stop acting like such a tard. Usury is a mathematical fraud. It's like a ponzi scheme where, instead of running out of people to pay everybody back, you run out of money. It's stealing.
The economy has nothing to do with scientific truths. It's a different Societal realm. You will get nowhere by conflating the two. Keep Science out of economics and keep economics out of science to as high a degree as possible.
https://www.martinhash.com/forums/viewt ... 3&p=207527
This has nothing to do with science. It's mathematical. Our economy is filled with mathematical frauds. Pyramid schemes are a close analog to usury in which you mathematically cannot sustain the racket since there are never enough people. Usury is similar to that only, instead of running out of people, you run out of money.
Just the act of charging interest, in a real money economy, demands money that does not exist. Say we live on a tiny island nation with a hundred gold coins circulating in our entire economy. There are ten of us on this island, each starting with ten coins. One of us, the banker, decides to lend out nine of his coins to the other nine citizens with the expectation that they each repay him two coins (principal plus interest). How does that happen? It does not happen because it is a mathematical fraud. Some of the people he lent to will be able to repay, others will not. It is mathematically impossible for everybody to repay the loan with interest. It does not matter if we are on an island with ten people or in a country of three hundred million. It is always a mathematical fraud.
It gets even worse when you consider the effect on the money supply in an economy running on fiat money.
This is the reason our entire civilization considered usury a mortal sin until the Protestants set in motion our slow demise. Usury is stealing. It is a sin the same way defrauding people in a pyramid scheme is a sin. That we made theft not only legal, but the basis of our economy, is evidence of just how fucked of a wrong turn we took.