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How can we abandon the banker's usury, or is it impossible?

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How can we abandon the banker's usury, or is it impossible?
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don't take loans you can't pay back, commie
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>>2805089
Learn about the time value of money poorfag.
>>
Modern economy is more or less impossible without credit tho.
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>>2805089
Usury is moral.
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>>2805089
I suppose you could use crowdfunding platforms like Kickstarter to raise starting capital.
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>>2805089
Islam has it figured out in a way, islamic banks don't levy interests so no usury, but at the same time their fees are high as fuck and several islamic countries have legal debt slavery.
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>>2805089
P2p lending.
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>>2805089

Charging interest is not necessarily usury. Credit is essential to a healthy economy, charging interest on that credit is reasonable and in fact necessary, since if lenders couldn't make money by lending their wealth, then they simply wouldn't do so and the economy would suffer.

That said, individuals shouldn't take out loans for retarded shit like buying a new car or going on vacation, but if they do then they have no-one else to blame when they find themselves impoverished by the interest payments.
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>>2805409
>That said, individuals shouldn't take out loans for retarded shit like buying a new car or going on vacation, but if they do then they have no-one else to blame when they find themselves impoverished by the interest payments.
This situation can't happen because an idiot like that would never have enough credit to get a loan like that.
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>>2805089
Thread posts: 11
Thread images: 2


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