Usury

"Usury is defined as the charging of excessive interest. But no word exists to describe too little interest."

"There are two sorts of wealth-getting, as I have said; one is a part of household management, the other is retail trade: the former necessary and honorable, while that which consists in exchange is justly censured; for it is unnatural, and a mode by which men gain from one another. The most hated sort, 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, which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore of an modes of getting wealth this is the most unnatural."

"To borrow upon Usury, bringeth on Beggary."

"Among the principal criticisms leveled against the merchants was the charge that their profit implied a mortgage on time, which was supposed to belong to God alone. For example, we have the following remarks of a lector-general of the Franciscan order in the fourteenth century concerning a disputed question: "Question: is a merchant entitled... to demand a greater payment from one who cannot settle his account immediately than from one who can? The answer argued for is no, because in doing so he would be selling time and would be committing usury by selling what does not belong to him." ...The whole of economic life at the dawn of commercial capitalism is here being called into question."

"Jewish usury was prohibited at common law, but no other."

"For at least another hundred years we must pretend to ourselves and to everyone that fair is foul and foul is fair; for foul is useful and fair is not. Avarice and usury and precaution must be our gods for a little longer still. For only they can lead us out of the tunnel of economic necessity into daylight."

"He who lives by usury in this world shall not live in the world to come."

"If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good, makes the bill good, also. The difference between the bond and the bill is the bond lets money brokers collect twice the amount of the bond and an additional 20%, whereas the currency pays nobody but those who contribute directly in some useful way. It is absurd to say that our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay, but one promise fattens the usurers and the other helps the people."

"To speak of a usurer at the table mars the wine."

"The true spirit of usury lies in taking an unjust and unreasonable advantage of their fellow creatures."

"Profitless usurer, why dost thou use So great a sum of sums, yet canst not live? For having traffic with thy self alone, Thou of thy self thy sweet self dost deceive: Then how when nature calls thee to be gone, What acceptable audit canst thou leave?"

"Since they [usurers] sell nothing other than the expectation of money, that is to say, time, they sell days and nights. But the day is the time of clarity, and the night the time of repose. It is, therefore, not just for them to receive eternal light and eternal rest."