Should all nations outlaw for-profit loans?

Christian Ross
Christian Ross

Should all nations outlaw for-profit loans?

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Jordan Jenkins
Jordan Jenkins

Nope. That would be antisemitic.

Justin Jackson
Justin Jackson

but I'm a semite user,and would be open to that.

Luke Nguyen
Luke Nguyen

Should all nations outlaw for-profit loans?
Loans then don't happen.

Jaxson Jackson
Jaxson Jackson

I was just kidding. But yes, that would be a very good idea. Unfortunately, until the current jewish system is removed globally, I highly doubt your idea will be accomplished.
Wrong. Nations such as your own in the past have offered interest free non profit loans.

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Gabriel Diaz
Gabriel Diaz

No. You do other things, like a fixed fee or collateral. Interests rates get out of control.

Dominic Bailey
Dominic Bailey

Wrong. Nations such as your own in the past have offered interest free non profit loans.

Under what circumstances? Was it tax funded charity or something? Because after inflation, interest free loans LOSE money and unless they have stipulations and late fees, incentive for prompt payback becomes extremely grey. Suddenly nobody can get loans for a house, or a car, or pay for college at all because anyone who would give loans is losing money

Tyler Rogers
Tyler Rogers

People wouldn’t need as big of loans if less people were getting them. Things would become more affordable very quickly.

Liam Diaz
Liam Diaz

This. Charging for a service isn't inherently bad. However, compounding intrest as an industry standard drives inflation that cripples a nations ability to retain wealth, and on a personal level is nothing short of extortion.

Dylan Miller
Dylan Miller

interest free loans dont exist
Grants exist, lots of ngos and charities offer them

Jaxon Butler
Jaxon Butler

The people should outlaw nations.

Zachary Perry
Zachary Perry

That's a tough one.
I really have no issue with interest. Without interest there is no incentive to loan money for business. The world wouldn't end but shit would slow way down real fast.

On the other hand, I view loaning money as speculative investment. Lenders having the force of government to enforce repayment of their gambling losses is complete bullshit.

Brody Long
Brody Long

Should all nations outlaw for-profit loans?
Yes. Imagine a world with no inflation.

Leo Morgan
Leo Morgan

But you're an actual semite, not one of those Eastern European semites.

Sebastian Thomas
Sebastian Thomas

Inflation is driven largely by interest.

Jayden Sanchez
Jayden Sanchez

so there would be no loans or would loans be interest free?

why would you loan out your money?
how would people get money to start a business or build a house?

what is your counter proposal inbred retard?

Brayden Ramirez
Brayden Ramirez

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Dominic Robinson
Dominic Robinson

this already happened after the market crashed

Dylan Miller
Dylan Miller

Interest doesn't cause that, the Fed and fractional reserve banking do. You can still have loans with interest in a society free from these evils.

Jonathan Davis
Jonathan Davis

it would be a world with no growth

Asher Gonzalez
Asher Gonzalez

You know usury is a Jew thing and wasn't even allowed for a very long time, right?

Henry Taylor
Henry Taylor

No. Profit from loans is based on time preference. It is not exploitive. What nations should outlaw is debt that you cannot bankrupt out of, like student loans.

Aiden Kelly
Aiden Kelly

No. Because giving a loan is a service with dangers.

Brandon Adams
Brandon Adams

in USA they made it illegal ti give payday loans to military members

because theyre on a fixed income and never actually pay the interest off lol

OH SAY CAN YOUUU SEEEEE

Mason Morris
Mason Morris

no, because money today is worth more than money tomorrow. this will always be true.

Levi Powell
Levi Powell

They also had jubilee as a counter. So?