how do american and european and asian and etc... throughout the world feel about lending money for interest?
is lending money to your neighbor bad if you ask him to pay you back with interest added? does your feelings toward this practice influence your feelings toward the money lenders of the world?
2006-06-18 05:23:22 · 3 answers · asked by mayigniteunderpressure 3 in Business & Finance ➔ Credit
It all started in Greece, some thousands years ago!
More than 2,600 years ago, Solon made a law that people would not be "owned" by lenders, if they can not pay back!
When Cleisthenis was elected president of Athens, he erased all dues to the "Agricultural Bank"!
Greeks used to have banks, until the Romans got Greece and destroyed all nice systems!
Then, some centuries ago, the Pope of Rome declared that no Christians will own banks, thus paving the road to Jews of Europe to become bankers.
Money lending is necessary for a society to move forward, as long as it is done clearly and within real justice measures!
In our days, banks own not only properties, people, companies and governments but even states! And this is that I object! Especially when the lend money was transferred centuries ago!
2006-06-18 05:27:24 · answer #1 · answered by soubassakis 6 · 1⤊ 1⤋
There's nothing wrong with accepting interest for lending money. But asking for too much can be illegal. For individuals as well as financial institutions.
2006-06-18 05:27:33 · answer #2 · answered by ratboy 7 · 0⤊ 0⤋
im a jew and if its 4 a needy cause yes
2006-06-18 05:26:56 · answer #3 · answered by Panic at the Disco GURL 2 · 0⤊ 0⤋