Hypno
Crow
So this is now a christian forum yet everybody still engages in usury ? Interesting.
Its more interesting to me that you did not capitalize Christian.
Anyway, Martin Luther said interest was OK 500 years ago.
So this is now a christian forum yet everybody still engages in usury ? Interesting.
See the detailed economic and theological analysis by Anthony Santelli Ph. D. in the Culture Wars issue of July/August 2013.
To summarize it very briefly, usury is an act of war cf. Deuteronomy 23:19-20. Christians are allowed to practice it defensively if economic war is waged on them ; if they practice it at the legal rate, they are simply getting back the money that's been stolen from them by usury.
It would be better to not practice usury at all, sure, but one must realize in a world of state-sponsored usury, any group who abstains from usury in any way will get totally destitute in a short time. They might just as well leave society and go live a lonely, rough life on a desert island.
Poverty is an evangelical counsel, not a commandment. Transforming a counsel into a commandment has usually created long-lived economic utopias but short-lived sects.
Its more interesting to me that you did not capitalize Christian.
Anyway, Martin Luther said interest was OK 500 years ago.![]()
Sure, anglos can rationalize it any way they want, like any other religious point - we see the results after a while.
I don't care who said what - usury is the enslavement of others, if that's not evil to you then we are not on the same side.
Don't know, we don't have that here.
It would be better imho for emj to write about how the current pope is pro-gays and pro-migrants
Usury is not a fight anymore in the usa, everybody worships money anyway.
Or maybe religion is simply not a fight anymore in the usa since everybody worships money - you tell me.
Yes, those are very safe investments and guaranteed 3% is a good deal. You could probably do the same thing that people do with CDs and ladder the maturity dates so that you cash out of a certain percentage of your holdings every six months or so.Anybody have knowledge on "Series I Savings Bonds?" Seems like an easy, low-risk investment that earns ~3% APY. The only downside is that you can't cash out within the first year of buying. In that case, it might make sense to make separate purchases to keep yourself liquid.
They also offer paper bonds!
Series I Savings Bonds - What They Are and How to Buy Them
Looking for a safe long-term investment? Learn more about Series I savings bonds from the U.S. Government and find out if it's a good option for you.www.moneycrashers.com
Information from the government here: https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_iratesandterms.htm
Anybody have knowledge on "Series I Savings Bonds?" Seems like an easy, low-risk investment that earns ~3% APY. The only downside is that you can't cash out within the first year of buying. In that case, it might make sense to make separate purchases to keep yourself liquid.
They also offer paper bonds!
Series I Savings Bonds - What They Are and How to Buy Them
Looking for a safe long-term investment? Learn more about Series I savings bonds from the U.S. Government and find out if it's a good option for you.www.moneycrashers.com
Information from the government here: https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_iratesandterms.htm
Care to explain?TreasuryDirect has funny ways of locking your account and requiring special affidavit to prove who you are, by the way.
Well, they lock your account out of the blue (may be because one didn't login for a while, general KYC, etc, not sure what triggers it, but it happens not only with new accounts) and ask you to go into a bank or brokerage branch (but not every bank can provide this service, especially if you're not a customer) where they do a special stamped affidavit that you are you, after you show them your IDs. It can be a major problem overseas, as realistically only US embassy can do this overseas.Care to explain?
Another thing with TreasuryDirect:Care to explain?