I’ve read about the evolution of the Christian church’s view on usury, as well as the concept of “fair pricing” that was implemented by the early Church. This often relied on coercion to keep ...
You're swinging a little wild with all this rhetoric.
I said usury is immoral, and you call that central planning? Come on.
I've repeatedly pointed out that usury is what creates the centralizing force—because force is required to enforce the fiction of severed risk.
I realize we're all addicted to and dependent on debt, so the idea of living another way feels scary (and impractical under the current system, because debt forces everyone else to compete with it).
With hard, honest money and a truly free market, there would hopefully be very little debt—or none—and it would be seen as the perversion it is.
I'm not condemning you for your mortgage or business loan. You're pretty much forced to participate. But that's exactly my point: debt is inherently, systemically coercive. It violates the non-aggression principle.
Your one substantive question: how do we fund projects?
I've already addressed this, but I'll say it again:
Equity. Equity is how we fund projects. Risk is not severed, so capital is not misallocated and wasted. If your project is good enough to beat the deflationary hurdle rate, people who understand that will want to invest. No debt required.
The Christian understanding of debt is clear:
"The borrower is servant to the lender." (Proverbs 22:7)
Bond is always bondage.
I want to be free.
I said usury is immoral, and you call that central planning? Come on.
I've repeatedly pointed out that usury is what creates the centralizing force—because force is required to enforce the fiction of severed risk.
I realize we're all addicted to and dependent on debt, so the idea of living another way feels scary (and impractical under the current system, because debt forces everyone else to compete with it).
With hard, honest money and a truly free market, there would hopefully be very little debt—or none—and it would be seen as the perversion it is.
I'm not condemning you for your mortgage or business loan. You're pretty much forced to participate. But that's exactly my point: debt is inherently, systemically coercive. It violates the non-aggression principle.
Your one substantive question: how do we fund projects?
I've already addressed this, but I'll say it again:
Equity. Equity is how we fund projects. Risk is not severed, so capital is not misallocated and wasted. If your project is good enough to beat the deflationary hurdle rate, people who understand that will want to invest. No debt required.
The Christian understanding of debt is clear:
"The borrower is servant to the lender." (Proverbs 22:7)
Bond is always bondage.
I want to be free.