Does owning government bonds count as usury

  • Thread starter Thread starter UwU
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Honestly, if that’s what you think, you haven’t understood the nature of the Church at all. I don’t wish to be rude, I really urge you to inform yourself. It’s never too late. And it isn’t difficult either. You don’t need a degree to read Aquinas, you just need care. There are plenty of faithful translations and there isn’t a page of Summa Theologica which isn’t thought provoking.
 
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Well, you are being rude.
First you said I didn’t understand the essence of Catholicism. Now I say I don’t understand the “nature of the church.”

–Because I said a 1745 encyclical was obscure.

(Which it is!)
 
As far as I can make out: Previously, it was taught that charging interest on a loan was usury. However, the teaching has changed and it is now taught that charging an excessive interest rate on a loan is usury.
 
I said IF you think the date is what gives value to a statement by the Church, you have not understood the Church.

It is not rude to say someone hasn’t understood something, if he hasn’t.
 
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Maximian said:
Honestly, if that’s what you think, you haven’t understood the nature of the Church at all. I don’t wish to be rude, I really urge you to inform yourself. It’s never too late. And it isn’t difficult either. You don’t need a degree to read Aquinas, you just need care. There are plenty of faithful translations and there isn’t a page of Summa Theologica which isn’t thought provoking.
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I’d love to show you my accounting textbooks, they are as dry as saltines.

Reading through them similarly needs care, but I wouldn’t instruct you to read through one to find a simple answer that accountingtools.com could easily answer.

Btw, @UwU, that’s awesome you’re dipping your toe in the investment world! You’re not committing usury though, fyi.
 
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Btw, I’m a huge fan of mutual funds. I go bananas for over Fidelity’s select funds! :-D.

For the future once you get further involved in investing: make sure to diversify your holdings by covering a few different market sectors. And try to keep a good spread of growth (funds that steadily get bigger) and value (funds that steadily disperse cash back to you to invest in other things)
 
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