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Photo by Marc Gibaud, Clouds on Tres Cerros and Mount Fitzroy, Argentinian Patagonia

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Photo by Marc Gibaud,
Clouds on Tres Cerros and
Mount Fitzroy, Argentinian Patagonia



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Old 25 Jan 2013
Genghis9021's Avatar
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Join Date: Feb 2011
Location: Chiang Mai, Thailand
Posts: 193
Sharia(h) lending
. . . is reasonably large and growing.

HSBC's Amanah has been around for some time.

"Christian" lending is somewhat meaningless as there are no prohibitions on lending in the New Testament.

However, if you take Shakespeare seriously . . . "neither a borrower nor a lender be" carry on before credit and sophisticated finance and . . . enjoy the 15th century. "More gruel, Master."

Banks and bankers will follow the money . . .

Now as for the potential pitfalls and perils of fiat money, or the possible built-in instabilities of capitalism . . . economists continue to debate those and have for at least 150 years.
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