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usury and the law
Usury and the law
"When money is lent on a contract to receive not only the principal sum again, but also an increase by way of compensation for the use, the increase is called interest by those who think it lawful, and usury by those who do not." (William Blackstone's Commentaries on the Laws of England).
In the United States, usury laws are state laws that specify the maximum legal interest rate at which loans can be made. Each U.S. state has its own statute which dictates how much interest can be charged before it is considered usurious or unlawful.
SOLON ALSO DECLARED A MINIMUM MONETARY VALUE FOR EACH AGRICULTURAL PRODUCT SETTING FLOOR PRICES FOR THEM (Heichelheim presents the ancient source for this). He switched from the “Aeginatic” to the lighter weight “Attic” monetary standard reducing coinage weights and increased the amount of coinage in circulation.
Several Hundred Years Later Aristotle (384-322 Bc) Formulated The Classical View Against Usury. Aristotle understood that money is sterile; it doesn’t beget more money the way cows beget more cows. He knew that “Money exists not by nature but by law”:
“The most hated sort (of wealth getting) and with the greatest reason, is usury, which makes a gain out of money itself and not from the natural object of it. For money was intended to be used in exchange but not to increase at interest. And this term interest (tokos), which means the birth of money from money is applied to the breeding of money because the offspring resembles the parent. Wherefore of all modes of getting wealth, this is the most unnatural.” (1258b, POLITICS)
And Aristotle really disliked usurers:
“…those who ply sordid trades, pimps and all such people, and those who lend small sums at high rates. For all these take more than they ought, and from the wrong sources. What is common to them is evidently a sordid love of gain…” (1122a, ETHICS)
Indeed, there are some evil people, so-called "sociopaths," who have Antisocial Personality Disorder and are therefore mentally ill according to current psychiatric standards. For example, the Ted Bundies and Jeffrey Dahmers of the world can commit brutal murders with little or no remorse. But these cases are rare and the vast majority of sociopaths are not mass murderers
Case of a Gentile.
When an Israelite lends money to a Gentile or to an "indwelling stranger" (a half-convert of foreign blood), he may and should charge him interest;
The Creator has commanded every Jew to follow the ways of peace and to be loyal to the country where he lives.
Torah true Jewry waits patiently for the Messianic redemption. They have nothing to do with any kind of pseudo "Jewish State" and its aggressions against other peoples. They have a deep sympathy for the plight of the Palestinians who have suffered the most from Zionism's false teachings and barbaric actions. The Zionist state is not a Jewish state. The Zionists alone are the only ones responsible for their actions. Authentic Jewry has and will continue to oppose the very existence of this blasphemous state.
May all mankind witness the true redemption.