Do you not get what I mean? How do you differentiate then an individual that has been canonised or not if you use the same term?

Does that not take away from saint hood?

Do you call yourself a saint?

God made it that way

Surrender it to God and it will be exalted

Muslims don’t say Muhammad was the son of God. Christians believe that Jesus is God and God sent him to save us. To cleanse our sins.

Burner phone best chance is phone shop in San Salvador, and Sim from most corner shops, they might use their own ID

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 guilds aligned with a fixed price list, which distorted the free market. That seems similar to what you originally described as the negative effect of credit.
1. There are innumerable valuable things that are bought and sold (exchanged) that are based in the future, and therefore involve promises and abstraction, without being usury. For example: forwards, and investments in any asset with future potential use. That is effectively an exchange based on the promise that the asset will provide a certain amount of value. Will it? That depends on how events unfold. That’s the whole point of risk and reward.

Please go into depth about what is “concrete” and what is “abstract” in your view of the market, where one distorts and the other provides a signal. It sounds to me like a central command economy where you decide what actually has value. Does insurance not have value? There is comfort of mind in knowing that if something happens, there is a pool of capital contractually committed to cover you in that event. For example, many of the ships that sailed across the globe to spread Christianity would not have been financially viable if they hadn’t been insured.

With regard to the Bible verse: just because there are verses that explain how to treat a slave and how slaves should act more Christ-like, that does not condemn slavery. In many parts of the Bible, it does the opposite, placing each man in the same stature under the eyes of God. The verse I referenced explicitly condemns the servant for not placing the money in the bank to gain interest, so I don’t know how you are drawing similarities.

It’s also obvious that if there were no credit market—no people willing to risk their capital so entrepreneurs can compete to use it—the number of projects entrepreneurs could take on would reduce significantly. Would it be unethical for me to pay you a service fee for using your capital, because it allows me to start a company I’m dreaming about? Would you make that illegal in the Christian nation where you set the laws? I think the purpose of the capital matters, whether it’s for consumption or investment, and whether the interest compounds in perpetuity. There are certainly many nefarious credit lending practices that are unethical, but I still feel that not allowing citizens to pay a fee on borrowed capital seems communist like, and not Christ-like.

I think you’re conflating debt creation as it occurs in today’s banking system with debt in its pure sense: owing someone an amount over time, with an agreement to reward them for the time you’ve been allowed to use their capital.

The value isn’t the promise itself, but the probability that the promise is sound and will be kept. There is always a risk that it won’t be paid back.

For me to not have capital, and then to gain access to capital that I didn’t save, is very valuable. It saves me time. In fact, I’m willing to pay a certain amount for the time it saved me (interest). If I don’t repay that loan, I suffer by having to pay much more for the same service in the future. People won’t lend as cheaply as the risk increases.

Just because Bitcoin has a hard cap does not mean Bitcoin cannot be exchanged over time between parties who make promises to each other. Of course there will be bankruptcy and jubilees, it’s a part of life, and it appears throughout the Bible.

Matthew 25:27 (NIV)
“You should have put my money on deposit with the bankers, so that when I returned I would have received it back with interest.”

The “extra” is made through the entrepreneurial genius of the borrower. He uses the capital and his skill to earn more than he borrowed. Even if the supply is capped, this can still occur.

Will more defaults occur? Of course. Will there be even a fraction as much debt in the world? No, much less, due to the nature of the money. But credit markets will still exist.

I still don’t see how credit distorts markets if the source of the money comes from saving, rather than the creation of new money through debt. If anything, it helps the market self-regulate and find the true market interest rate

Have family working for them and they haven’t a notion.