Message from @somerandom
Discord ID: 796666689449754654
seems like TRS got rid of that rule
nevermind
@oliverstr u came in here sounding like you already knew what was really going on so maybe that approach isnt the best when ur trying to learn new things
Nah, it inherits it from Discord's TOS which is 13 years old
Not that Discord™️ cares to be honest
ok well if your being serious, you shouldnt believe anything you see in the corp media. epoch times, newsmax etc are better sources than mainstream media but not perfect.
tbh only legal stuff
@Kimdracula I can't use my mic
WHO ARE YOU PEOPLE
I can activate the mic thingy
what the fuck is that
Whitehouse raid
In minecraft
thats the guy from the capitol hijinks today wearing buffalo horns i think
capitol not the white house
It's funny because I've been seeing him for a few weeks now.
I get where you’re coming from. There are plenty of reasons Lenders have earned their reputation for being money-grubbing slugs.
But lenders also make the dream possible. If I need $10M to be able to start and build up a business, I **need** someone willing to take a risk and give me that money hoping I’ll succeed. And I’ll I pay it back with interest because I couldn’t have done it without them.
But Now shrink the numbers down - suppose I need $30k for a car loan, but 6 months from now I lose my job and have no way of paying that loan - the lender will take my car away - and I’m in worse shape than when I started. That’s unfortunate, but is it also not fair?
He was in Arizona, I think.
oh i saw the pic but i musta got the wrong explanation lol
well thats true, and im not saying lending is univesally bad. like there are other systems where the lender takes on part of the risk and makes profit when the venture is sucessful. or there is for example muslim banking etc which is less usurious due to religious restrictions
even in old italy there were lending systems that allowed for profit but iddnt technically violate ususry laws st in place by the church
I'm guessing by usury, you mean an excessive interest rate / APRC?
not that im saying the church should be the sole authority on this, just that they used to take an interst (pun intended) in it
charging interest at all in most cases is ususry, but especially compund interest. also related actiuons are usuurious like for example a grasping landlord etc
there are ways to get the equivalent of interest without violating ususry, but interest in general is a slippery slope
" the real meaning of usury: when, from its use, a thing which produces nothing is applied to the acquiring of gain and profit without any work, any expense or any risk"
Fifth Lateran Council
imo interest is an effective repayment guarantor. It could be argued that lending the money is a risk in and of itself.
Creditors just need to be careful not to cross a line of excess, and those that borrow need to make sure they don't get stitched up.
not when the lender can force repayment or confiscation of the debtors goods as repayment
rip
or you know, ruin their life through credit scores and bankruptcy
@pollyanna Well there is definitely risk in the stock market
the profit of leeches means nothing compared to even one ounce opf human suffering
imo If you're entering into debt where repossession is in the clause, that's the persons mistake.
i eman these people are vampires, i dont have any sympathy for thier *profits*
if it was uop to me we'd boil their bones and feed the orphans