SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.80+0.2%Nov 3 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Pogeu Mahone
To: Elroy Jetson who wrote (131618)3/7/2017 8:44:05 AM
From: Haim R. Branisteanu1 Recommendation  Read Replies (1) of 217529
 
Eltoy after all I wrote there are also some very human laws in the bible as an example;

The Torah expresses regulations against the charging of interest in the Exodus 22:25–27, Leviticus 25:36–37 and Deuteronomy 23:20–21. In Leviticus loans themselves are encouraged, whether of money or food, emphasizing that they enable the poor to regain their independence. Like the other two places in the Bible, the charging of interest on the loan is forbidden. [2]

Evidently the concept of secured loans existed, as Exodus expressly prohibits using a particular garment as the security. The garment in question was a large cloth square, which the poor used for sleeping within, and so the garment was needed to survive the cold nights; [2] if it had been offered as security, this would have put at risk the very life of the debtor. The Deuteronomic verse expresses a similar concern for the security of the debtor's life but rather than prohibiting a particular garment from becoming the security for a loan, it prohibits instead the use of a millstone. The millstone was used to make flour, and hence would be required for the manufacture of bread, a staple food among the poor; if the millstone had been offered as security, the debtor would have been at risk of starvation.

en.wikipedia.org
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News