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There is not a single "central tenet" of modern economics, and there are different schools of economics. So I'm not sure where one gets this idea.

Usury is one of those vague terms that gets thrown around just like "living wage". How much exactly does one need to make to earn a "living wage"? $10/hour? $20? It's a constantly shifting goalpost and anyone can make a valid argument for it to be higher or lower.

Usury is the same way. How much interest is "usurious"? How much is "unfair"? So long as no fraud is involved, a borrower consents to a certain rate of interest offered by a lender. He is not required to take the loan. No one has a gun to his head. He could choose not to pay a higher interest rate. If he chooses to do so, it's because he believes at the time that he takes that loan that he benefits from that rate.

Money does indeed have a "time value", and this is not even debatable. If someone offered you $100,000 ten years from now or $100,000 today, which would you choose? How about if someone offered you $100,000 ten years from now or $90,000 today? Or $80,000? Or less? How much less would you accept today in lieu of receiving a higher payout in the future?

That's all the time value of money is. It is the net present value of a future cash flow. The future cash flow has to be discounted by some rate to bring it down to its net present value. Conversely, the net present value has to grow by a certain interest rate in order to reach its future value.

Capitalism is Usury. Its defining belief is ‘return on investment’.

"Defining belief"? No, these are just random words strung together because the author is an ignorant rube. It's not a belief. It's a goal. When we give control of our money over to someone else, we want some kind of return on our investment. We do this every day when we go to work. We donate our time, our energy, and our skillset to an employer in exchange for a paycheck. That paycheck is worth more to us than the work we performed; otherwise, we would not have performed it. We earned a RETURN on our investment (our work).

If you don't want a return on your investment, then you should not be working for any more money than the absolute minimum that it would take you to be ambivalent about whether to work or stay home.

I'm not going to read and dissect the entire article, but the author clearly is confusing a government-created cartelized banking industry with capitalism. At some point, the ignorance is too much to bear. When someone has the entire internet, the largest repository of human knowledge every collected, from which to learn, and still puts out garbage like this...it's at times like this that I lose all faith in humanity.

There is not a single "central tenet" of modern economics, and there are different schools of economics. So I'm not sure where one gets this idea. Usury is one of those vague terms that gets thrown around just like "living wage". How much exactly does one need to make to earn a "living wage"? $10/hour? $20? It's a constantly shifting goalpost and anyone can make a valid argument for it to be higher or lower. Usury is the same way. How much interest is "usurious"? How much is "unfair"? So long as no fraud is involved, a borrower consents to a certain rate of interest offered by a lender. He is not required to take the loan. No one has a gun to his head. He could choose not to pay a higher interest rate. If he chooses to do so, it's because he believes at the time that he takes that loan that he benefits from that rate. Money does indeed have a "time value", and this is not even debatable. If someone offered you $100,000 ten years from now or $100,000 today, which would you choose? How about if someone offered you $100,000 ten years from now or $90,000 today? Or $80,000? Or less? How much less would you accept today in lieu of receiving a higher payout in the future? That's all the time value of money is. It is the net present value of a future cash flow. The future cash flow has to be discounted by some rate to bring it down to its net present value. Conversely, the net present value has to grow by a certain interest rate in order to reach its future value. * Capitalism is Usury. Its defining belief is ‘return on investment’. "Defining belief"? No, these are just random words strung together because the author is an ignorant rube. It's not a belief. It's a goal. When we give control of our money over to someone else, we want some kind of return on our investment. We do this every day when we go to work. We donate our time, our energy, and our skillset to an employer in exchange for a paycheck. That paycheck is worth more to us than the work we performed; otherwise, we would not have performed it. We earned a RETURN on our investment (our work). If you don't want a return on your investment, then you should not be working for any more money than the absolute minimum that it would take you to be ambivalent about whether to work or stay home. I'm not going to read and dissect the entire article, but the author clearly is confusing a government-created cartelized banking industry with capitalism. At some point, the ignorance is too much to bear. When someone has the entire internet, the largest repository of human knowledge every collected, from which to learn, and still puts out garbage like this...it's at times like this that I lose all faith in humanity.

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