Why is usury bad?

Go Jesus GO!

youtube.com/watch?v=xn6r2Nm0ZMo

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It is a form of freeloading. Money should not create money by itself. Also, the debtor is slave to the lender.

Reminder that Jow Forums has never produced a coherent argument against the time value of money

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>Reminder that Jow Forums has never produced a coherent argument against the time value of money
Reminder that you're a retard. Time value of money only holds in economies where the units in circulation is dynamic - a central authority keeps manipulating the total units in circulation. Else, time value of money holds no meaning if the total currency units in the economy was static.

Just kys.

Because taxes. Because welfare. Because the devil. Because it keeps him alive.

Uhhh.

Exhibit A

The time value of money states that money is more valuable today than it is later, because money invested today will produce a return be worth more later.

>Exhibit A
Don't count your chickens yet faggot. I'll prove your faggotry presently.
>The time value of money states that
Are you in high school?
>money is more valuable today than it is later, because money invested today will produce a return be worth more later.
Regurgitating definitions without understanding the underlying concepts. Your are the perfect intellectual slave. Not to mention, your faggot inclinations are prized in higher levels of society.

You know, let's make this simple so that your pea brain can understand.

Tell me, why is it you think that money invested today will produce a return that is worth more later? This is not always true. There are plenty of investments that go south. So why do you believe this?

It's not usury, goyim, it's debt, and debt is good. You want to go to college, get a house and a new car, right goyim? You want to go to war to protect Isr-, I mean freedom, right goyim?

Because when we save up resources, we build capital for investments that save labor and increase wealth/standard of living.

So yes, saved up resources today are worth more than the same resources later (keep in mind we are all gonna die).

So lending money at interest is not only perfectly moral, it violates natrual law to forbid it.

Its not.

Charging interest is risk allocation and one of mankinds greatest inventions.

>Because when we save up resources, we build capital for investments that save labor and increase wealth/standard of living.
Still does not tell me why your money is worth more tomorrow than it is today.
>So yes, saved up resources today are worth more than the same resources later (keep in mind we are all gonna die).
Makes absolutely no sense.
>So lending money at interest is not only perfectly moral, it violates natrual law to forbid it.
So you're one of those brainwashed faggots who doesn't understand what he's doing but preaches shit to everyone around him. Are you sure you're not in high school?

If people only knew about this most important Redpill...

The reason I added the part about all of us dying is because that we don't have infinite time. So seeing that time as a limited resource I only have so much of it to produce a return on my investment. If you pay me back exactly what I lent you you have effectively stole my time.

It doesn't really matter how you feel about it, if I have savings I have an option to invest in a business that might produce regular income for me. In reality I'm going to choose that over lending to some schlub who plans to pay me back the exact same that I paid him.

It's really that simple

I have a huge loan I wanna take out of this oven can you help me take it out Mr Goldberg?

>The reason I added the part about all of us dying is because that we don't have infinite time.
The overall IQ of the world will go up by a point when you kick the bucket.
>If you pay me back exactly what I lent you you have effectively stole my time.
Then don't lend it to anyone you dumb fuck.
>if I have savings I have an option to invest in a business that might produce regular income for me.
An option, yes. But an option does not translate to a law you brainlet. Getting positive returns on your investment is an option, and thus time value of money is an option - not a fucking law.
>In reality I'm going to choose that over lending to some schlub who plans to pay me back the exact same that I paid him.
So where does time value come here?

All I see is you saying you're willing to lend your money only to those who are willing to give you more money in return. So all I see here is a transaction.

Why do you keep referring to a business deal as time value of money you jackass?

>Still does not tell me why your money is worth more tomorrow than it is today.
I believe what he's saying is that the money you own has additional value in its potential, but that potential is constantly decreasing as time goes on because you have less time to do anything with the money.

Imagine thinking that providing capital to business is a bad thing, morally or economically. Feudalistfags GTFO my board REEEEEEEE

Debt causes growth

Debt also causes collapse

It's a double edged sword, just make your payments on time ok?

It's not. It's bad when it's a disproportionate amount of your economy. You're not really creating anything with it. Money is a stand in for trading a physical product. If your profits are purely based on the movement of money, then you don't really have anything. It's the same concept which brainlet socialist don't understand when they screech "just print mo money!"

a solid fpbp
>create money out of thin air
>pay it back but debt still exists
>never ending, always growing income source from permanently indebted saps

Let us see how cultured you are. I start.

>WITH

Hint: think of the Italian elections.

the triple spacing makes it a little too obvious

Because this board is filled with poorfags
>t. Come from a landlording family (another perfectly respectable business that poorfags hate)

Its an easy way to make money so only would the lowest of scum(jews) would not only practice it but try to take it to the next level.

It's called "Time preference". The higher your time preference,the more likely you are to use it.
People with high itme preference have been observed to have poor money management skills, and get themselves indebted often

let's learn about money!
youtu.be/2nBPN-MKefA?t=11

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>this guy thinks that a dollar today is worth a dollar in one month
Fucking Christ dude. This is like day one Econ.
>would you rather have a dollar today or in a month?
Today obviously
>therefore it's worth more today
Just kys mate

>hah. Making money is easy guys.
>tfw too smart to make easy money
>being successful is for Jews
Do you hear (you)rself?

>ancap flag
>time preference
my nigga

thank you germany - pix like this make the time spent on here seem less wasted

The way I see it you have two choices:

1) Pay rent
2) Pay a mortgage
3) Be a faggot in your mom's basement

Option 1 gets you nothing, option 2 gets you equity at least, and option 3 just makes you a faggot.

Pretty clear from your post that you live in your mom's basement, OP.

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haaahhh use mine, it's hot already

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Because whites cannot compete

>4) be lucky to have family savings, spend them buying a house cash from owner = kikes btfod and jewed out of the biggest haul theyda ever got from a poor goy

This guy is more articulate than me, and yes exactly.

We all want to live well in THIS lifetime.

As with all voluntary tranactions in capitalism, bith sides benefit, and wealth increases. Society is better off.

>the serf forgets that the 99% just inherit money and assets and don't need to

1. pay rent
2. pay a amortage
3. be a faggot in a basement

But yes goy, you keep toiling on the land of your lord like a good serf.

It’s immoral and sows low-trust to indebt other white people.

>Has $500k
>Can put 20% down on a house at 4.75% interest and invest the rest in a market that averages signifigantly more than that per year
>Chooses to blast all of it on a depreciating asset just because jews
You're either incredibly based or ignorant.
I'm going with based

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Fuck my phone keyboard is fucking up, sorry for spelling and shit

Maybe i should get a new phone TODAY, that'd be nice. But nope, i must scrimp and save and send out mispelled words. God forbid i borrow money

See The 1% spent the last decade loading up on debt and buying assets

Is the house the depreciating asset in this example?

Money isn't everything . Quality of life is.

No, the goyim are

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Mortgages are such a scam.
>500K house
>20% down is 100K, 400K house
>4.75% interest
>19K in interests the first year.
>1600 in mortgage payments a month barely pays off the interests alone.
>2500 a month manages to reduce your mortgage by a whopping 11K the first year
>Next year you've to 18.5K in interest to pay...

It's such a fucking scam. No one can make me accept that this kind of jewry is fucking acceptable. You're going to be paying almost twice the cost of the house in the end, requiring it to double in value to at least make your money back. Now imagine what will happen when the interest rates go back up to something that isn't artificially lowered, like 7 or 8%. You'd need to start paying 3K+ a month.

Just how fucking low iq is Jow Forums? Hory shit.
Debt is fine, putting huge interest in it is bad.

To buy/sell/trade another man's future is to profit on human bondage. It may not fit most people's image of slavery, but it has all of the same properties. The difference is only a matter of degree.

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this guy gets it

pv = fv / (1 + r)^n

This is true, but how much would you be paying in rent? How much would your rent go up by year 5, yet alone year 30? How much in tax savings did you miss out on (have no idea how this is in Canada btw).
People that bought in the 90s have seen their property values double. Those that bought in the 80s quadruple.
And anyway, your numbers are low because they omit taxes, HOA fees, insurance, closing costs etc.

>reads post
>checks flag
>types sage

You don't know what you're talking about. Housing is the easiest way to make money. Anyone who doesn't understand that mortgages are gods gift to us is a poorfag and low iq

>In Strong's Lexicon, 'deceive' is נשא (nasha')

NaHaSh is serpent

most antagonist replies are likely confusing inflation with tvm. so kids, even without inflation there are 'risk-free' returns through govt treasuries. if a riskier loan doesn't hurdle that rate its a suboptimal allocation of capital. very fundamental

Gift to everyone all around
>Be mortgage company
>Borrow bigly at wholesale rates
>Lend mortgages to serfs at higher rate
>Sell mortgage
>Keep the difference, giving yourself a bonus
>Hand bag to gov
>Cylce ends
>Repeat
Serfs get to own, banks get to Jew, gov gets to control. Everyone wins!

>Serfs get to own, banks get to Jew, gov gets to control. Everyone wins!

Taxpayers get to bag hold!

Again, low iq people get screwed over because they can't work the system like everyone else but if you're on this board I have no idea why you have a problem with that.
>take mortgage
>rent house (or air BNB if you're very smart and know how to make money)
>pay the same price for mortgage every month and eventually make more from rent than lose from the mortgage
>ermagerd I paid twice what my house is worth1!1!1
>forgets that over the time of paying off his mortgage, the house increased in price by 4-5x
>Make millions off the investment
>replicate this a few dozen times

>there are brainlets on this board who think this is a bad thing
Stay poor faggots. Family owns 18 properties at pic related.

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