What's so bad about interest?

What's so bad about interest?
I often hear it's the root of all evil, but don't understand why.

>I'll give 20k in cash right now
>you have to pay me back the 20.000 in 10 years plus 5%.
>Deal?
>Deal.

Now what's so bad?

Attached: usury.jpg (573x612, 62K)

nothing bad about it. it's just financially retarded people being retarded.

Passing the debt onto the next generation, "Public" debt.
Quite literally mass mental illness.

I see

It’s only “bad” to shitstain faggots who failed and have to pay for their fuckups. These are the dipshits who scream about MUH JOO KONSPIRACY and never bother to look at their own smelly shit.

Also, nutzis are SOCIALISTS.

Attached: 48AE5C77-963F-4491-BD69-E11F77B26AC2.jpg (363x380, 73K)

You don't understand fractional reserve banking or you wouldn't make this ridiculous statement.

Debt has gotten to the point where the interest owed on it is far greater than the capacity countries have to generate the payments

Because of this, countries are forever enslaved to their own central banks. This includes you and your children and your children's children.

Central banks are primarily owned by a handful of Jews. Therefore, Jews have successfully enslaved the entire planet through interest.

The very premise that money can generate money is wrong.
Money should be a means of exchange and never hold value in itself.

Treating money as a commodity that appreciates in value goes against its purpose and harms the economy.

That is a philosophical argument that has many weak points.

More down to earth is that the idea of money being able to produce more money hinges on the ever increasing economical output. But our planet is finite, we do not reproduce and work fast enough to sustain this growing debt. One day it will go boom and usurers will have the "right" to take almost every profit source there is. By using credit and deposits you empower them.

This may sound to you far fetched, as you re looking from an individual pov. By most companies and gubmints are heavily in debt to private structures, smtimes disguized as official institutes. Moreover, country debt is often managed by ppl who have no incentive to be frugal. These ppl easily make future generations pay for loans they will have never authorised.

Such huge debt schemes offer usurers legal and moral ground to apply force to ppl or to make said ppl to use force against others against their will

banks don't have the money they lend you idiot. And for a loan you pay 5% they pay 0%.

so you basically pay them back what they never had PLUS interest. retard.

ill take the 20k, your rolex, your gold teeth and your life.
deal.

smells like poorfags in here lmao get good

YES YES SIRS INTERSEST VERY GOOD PLS BUY SANJAYS VISION OK THERE IS A VISHNU ON THE BLOCKCHAIN

That is how financial debt is a current issue.

And bankers has managed to equalize the notions of moral debt (to family, to god, to ppl who help you, the fabric of society) to the cold, calculated, impersonal financial debt.
To the point when being unable to pay out ur debt is considered immoral. That is how (((they))) make you look bad, when they take your apartment. You took their money, you are obliged to pay up no matter what.
Sure, they knew they'd be ready to take ur house anytime and leave you starving and cold. They knew that this loan was too risky for you. They wished you would fail. But you are somehow wrong here.

So many crimes were made by indebted ppl out of the fear of being financially dishonored and being marked a defaultee.
Debt makes ppl do awful things: war, harmful political decisions, robbery, murder.
As if paying up is more important than being human.

And all this tragedy happens while bankers pull out money and credit out of thin air. They are perfectly safe yet they are willing to put others at risk of bankrupcy and total ruin to perpetuate this monstrous machine. This hipocritical origin of debt is the most hateful part about it.

It's when I lend that money to someone else who lends it back to you. Then when any one of us defaults, the whole system collapses because nobody can pay their debts back. Debt is jewish bullshit, equity is superior. Debt only makes sense if the law can get involved in bankruptcy. Equity is much more natural and blessed by God.

Here's your 5% interest bro

20000
21000
22050
23152.50
24210.13
25420.64
26691.67
28026.20
29427.51
30898.89
32443

>trying this hard

a few hundreth years a ago, different people already predicted that this will happen if jews are given free hand in regards of money.

sounds like fractional reserve to me
not sure why you put a retard at the end

It is parasitism and it causes the rich to be richer and the poor poorer.

>It is parasitism and it causes the rich to be richer and the poor poorer.
funfact: the poor vote for this system every time because they think they will be part of the 1% someday.
stupid idiots.
thats the reason why it actually works.

from my purest autistic point of view after long studies i realize that lending money must be prohibited.
2 only way to give and have. Pay or gift.

snowball effect, you can only lend with interest so much until you end up 1) owning all capital, and the means to bring money into existence, which leads to 2) printing/creating money until it becomes worthless
basically this.
The purpose of machine is production, and the purpose of production is consumption.
Currency is an instrument of measure and exchange, not a merchandise.
The wealth of a nation resides in its capacity to work and the culture of its inhabitants.
This obvious shit has been forgotten or purposefuly altered in our modern financial system.

It's supposed to be a goodwill thing, like charity. Ironically, it started with the jews.

>Exodus 22:24 (25)—If thou lend money to any of My people, even to the poor with thee, thou shalt not be to him as a creditor; neither shall ye lay upon him interest. Leviticus 25:36— Take thou no interest of him or increase; but fear thy God; that thy brother may live with thee.

Having said that, I wonder if they charge interest towards each other.

>The very premise that money can generate money is wrong.
Money should be a means of exchange and never hold value in itself.
Based as fuark.
To top it all off, property is theft and inheritance unjust by default. Mankind is too stupid to live by just rules though because 99% are inacabable of apply knowledge gained through abstract thinking. Otherwise we'd live in a rawlsean world

Through money that doesn't exist? During a transaction where money goes in and out and an interest rate is created, the interest is just ghost money. The actual amount of goods in circulation didn't change, they give you X amount and ask you to return it, and the rest is supposed to be acquired from a third party, but when everyone is the third party, it becomes apparent that there's no well to draw from.

Just nationalize actual resources in the real world and watch as the ghost money stops existing.

Assume we live in a 0 inflation word. To make money you have to either
a) create a business
b)finance someone else's business
both aren't guaranteed to make you money, you take at least a risk partially but in return you help economy grow. Create new jobs.

When there's interests, especially if you are rich and relatively old, there's 0 reason for you to take that risk. Your money is off the economy. You are not helping economy grow, you are causing it to get smaller. Credits delay that effect for a decade or two but boards resets to "0" after that. Instead of feeling incremental shrinkage, we feel shocks.

>property is theft and inheritance is unjust
what?

The bible forbid it because it’s taking advantage of those who are in need.

But of course these days people borrow money for shit they don’t need, so I guess it’s ok.

if money is created through printing by a central entity and loaning it to governments with interest, then there will always be more debt than currency. This way, global bull runs, recessions, bankruptcy and war are built in by default. The only good thing that comes out of this is that non-productive, unwise members of society will be punished while wiser people who make use of their money in a productive way will see their networth rise faster.

It really is just a game of musical chair, except you can kill off players and hoard their chairs

T.kike

As opposed to their fathers and grandfathers generation in the early 1900s, current political climate is more bipolar and extreme than ever, possibly through artificial means. A nation divided through petty politics will never be able to deal with the true entity who controls the strings. There were no "right" or "left", most were somewhat centrists a century ago

I am very happy to pay interest on the £400,000 or so I borrowed to buy rental houses. I am profiting massively, the bank also profits somewhat from me, and both of us take money from my tenants.

Great deal, if you ask me.

Do you have literal autism
5% of 20k is 21k

>There were no "right" or "left", most were somewhat centrists a century ago
Communism was kind of a huge thing a century ago and that was born out of European leftism. And of course there were still plenty of monarchists, hard to get more "right" than that

you got it fren
the best thing to scam the system right now is unironically to take out one of those free loans and put it into crypto. they give it to you thinking you buy property which they can take from you because they know you will likely default. but if you put it in crypto you can just tell the system goodbye. After some years of bancrupcy they even have to let you in peace lol.

Nothing wrong with it. Some people just want "free" shit so much. Free money for everyone!
Fucking commies...

Attached: 1.jpg (640x927, 276K)

Governments take on so much debt because their citizens vote for FREE SHIT! Have to pay for "free" shit somehow.
Only financially responsible people should be able to vote...

Attached: 1544902333772.png (657x527, 341K)