[Avodah] Interest and modern economies

mcohen at touchlogic.com mcohen at touchlogic.com
Wed May 22 06:38:48 PDT 2024

..If taking interest makes you a kofer then surely circumventing

the prohibition through technical means is not what the Torah wants. So how
can we have a modern economy Al pi Torah given the prohibition on interest?

i would have thought that the prohibition on interest is a localized interpersonal Jew to Jew concept only.
one doesnt lend to his brother with interest.
we see that the torah understands that interest is a logical concept. 
lending to nJews is permissible and understandable
i would think a torah nation and economy would operate with interest from banks to LLCs on a corporate level (based on RMF's heter to lend money to an LLC with ribbis)
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.aishdas.org/pipermail/avodah-aishdas.org/attachments/20240522/3edc25c8/attachment.htm>

More information about the Avodah mailing list