edit- ahh, downdooter. You kvetch at my reply because it doesn't fit into your pre-conceived psyop narrative. But history doesn't flinch. Allow me to add a disclaimer to this comment: I Winn am in no way making an EXCUSE for Jewish bankers who have exploited their positions in the financial industry. I am mere highlighting how they GOT there in the first place.
Now let us proceed:
The prohibition of usury, particularly the charging of interest, within Catholic doctrine during the Middle Ages created a significant economic vacuum that Jewish communities were often forced to fill, leading to their association with moneylending and banking. Catholic theology, influenced by figures like Thomas Aquinas, held that charging interest on a loan was unjust because money, as a medium of exchange, should not generate profit simply by being lent. This religious ban meant that Catholics were largely excluded from the financial sector, especially from activities involving interest-bearing loans.
In contrast, Jewish religious law, while prohibiting the charging of interest on loans between Jews (a practice known as ribbit), permitted Jews to charge interest on loans made to non-Jews. This distinction allowed Jewish individuals to engage in financial activities that were forbidden to Catholics, effectively making them the primary lenders in Catholic societies. The historical exclusion of Jews from land ownership and membership in professional guilds further restricted their economic options, pushing them towards trades like retail and finance. This combination of religious permission to lend to non-Jews and social exclusion from other professions created a situation where Jewish communities became dominant in moneylending, a role that was both economically necessary and socially stigmatized.
This dynamic was evident in various European states. For example, in England, the Statute of the Jewry in 1275 declared usury illegal and linked it to blasphemy, leading to the arrest of many Jews, the hanging of 300, and the eventual expulsion of all Jews from the country in 1290, with their property seized by the Crown. Similarly, in France, despite efforts by kings to regulate interest rates, the practice of Jewish moneylending persisted, leading to expulsions in 1306, 1322, and 1394, often justified by accusations of usury and exploitation. In Venice, the Republic allowed Jews to practice usury, which helped the poor and replenished the state's coffers, leading to their settlement in the Ghetto, though under strict regulation and taxation.
Thus, the religious and legal bans on usury for Catholics, combined with the specific permissions and social constraints within Jewish law and society, created a historical context where Jewish communities became central figures in the financial systems of medieval and early modern Europe.
Usury and enslavement with the first leading to the last. Usury truly IS the root cause of nearly all the world's ills. The human trafficking and slavery is just a symptom of the globalist bankers usury schemes.
It is a most diabolical practice when abused. However to outright call it evil in and of itself appears to contradict Scripture.
The Jews were prohibited by the law of Moses to take interest from their brethren but were allowed to take it from foreigners. The prohibition grew out of the agricultural status of the people, in which ordinary business loans were not needed and loans, as were required, should be made only as to friends and brothers in need. Usury is also defined as the practice of mortgaging land, sometimes at exorbitant interest, which grew up among the Jews during the captivity, in direct violation of the law. (Leviticus 25:36-37; Ezekiel 18:8-17)
I would ask how anyone in banking could sustain themselves without interest? The problem arises when that interest becomes predatory and unjust, as we know.
One would indeed have to condemn banks entirely. Weren't the first bankers the Catholic church's Knights Templar? I know I've heard that somewhere before.
It is an interesting topic. I'm not sure where I stand on it exactly. The "spirit of the law" of Moses seems to be saying that loans should be avoided entirely...
^^^^^Spot ON! "Banking" itself means "directing the flow of capital" as in how a riverbank directs the flow of water. There is really no need for "bankers" in a world where individuals control their own labor capital, and can freely associate to pool resources as needed. Borrowing of money is just not a thing in that world because purchasing power is continuously increasing and prices are continuously dropping. "Borrowing money" is literally leapfrogging everyone else that have actually done the work to build their business over time through artificial means of temporarily stealing from others. Each person is their own "banker" in a decentralized sovereign world.
edit- ahh, downdooter. You kvetch at my reply because it doesn't fit into your pre-conceived psyop narrative. But history doesn't flinch. Allow me to add a disclaimer to this comment: I Winn am in no way making an EXCUSE for Jewish bankers who have exploited their positions in the financial industry. I am mere highlighting how they GOT there in the first place.
Now let us proceed:
The prohibition of usury, particularly the charging of interest, within Catholic doctrine during the Middle Ages created a significant economic vacuum that Jewish communities were often forced to fill, leading to their association with moneylending and banking. Catholic theology, influenced by figures like Thomas Aquinas, held that charging interest on a loan was unjust because money, as a medium of exchange, should not generate profit simply by being lent. This religious ban meant that Catholics were largely excluded from the financial sector, especially from activities involving interest-bearing loans.
In contrast, Jewish religious law, while prohibiting the charging of interest on loans between Jews (a practice known as ribbit), permitted Jews to charge interest on loans made to non-Jews. This distinction allowed Jewish individuals to engage in financial activities that were forbidden to Catholics, effectively making them the primary lenders in Catholic societies. The historical exclusion of Jews from land ownership and membership in professional guilds further restricted their economic options, pushing them towards trades like retail and finance. This combination of religious permission to lend to non-Jews and social exclusion from other professions created a situation where Jewish communities became dominant in moneylending, a role that was both economically necessary and socially stigmatized.
This dynamic was evident in various European states. For example, in England, the Statute of the Jewry in 1275 declared usury illegal and linked it to blasphemy, leading to the arrest of many Jews, the hanging of 300, and the eventual expulsion of all Jews from the country in 1290, with their property seized by the Crown. Similarly, in France, despite efforts by kings to regulate interest rates, the practice of Jewish moneylending persisted, leading to expulsions in 1306, 1322, and 1394, often justified by accusations of usury and exploitation. In Venice, the Republic allowed Jews to practice usury, which helped the poor and replenished the state's coffers, leading to their settlement in the Ghetto, though under strict regulation and taxation.
Thus, the religious and legal bans on usury for Catholics, combined with the specific permissions and social constraints within Jewish law and society, created a historical context where Jewish communities became central figures in the financial systems of medieval and early modern Europe.
Usury and enslavement with the first leading to the last. Usury truly IS the root cause of nearly all the world's ills. The human trafficking and slavery is just a symptom of the globalist bankers usury schemes.
It is a most diabolical practice when abused. However to outright call it evil in and of itself appears to contradict Scripture.
https://www.christianity.com/wiki/christian-terms/what-is-usury-what-does-the-bible-say.html
I would ask how anyone in banking could sustain themselves without interest? The problem arises when that interest becomes predatory and unjust, as we know.
One would indeed have to condemn banks entirely. Weren't the first bankers the Catholic church's Knights Templar? I know I've heard that somewhere before.
It is an interesting topic. I'm not sure where I stand on it exactly. The "spirit of the law" of Moses seems to be saying that loans should be avoided entirely...
^^^^^Spot ON! "Banking" itself means "directing the flow of capital" as in how a riverbank directs the flow of water. There is really no need for "bankers" in a world where individuals control their own labor capital, and can freely associate to pool resources as needed. Borrowing of money is just not a thing in that world because purchasing power is continuously increasing and prices are continuously dropping. "Borrowing money" is literally leapfrogging everyone else that have actually done the work to build their business over time through artificial means of temporarily stealing from others. Each person is their own "banker" in a decentralized sovereign world.
Added: Read Nicholas de Oresme. 14th century writer book: De moneta.