More Moderate Thoughts
I gotta think that The Moderate Voice is a gag title with articles like this
. After laying out the Biblical injunctions against charging of interest, Jazz Shaw opines:
But what really happens in the process of money being lent at interest? In essence, one party is drawing cash out of the system while doing nothing productive in the business in question. They create nothing, they provide no materials, they perform no labor, yet they draw profit out of the process.
The lender provides no materials? What does the borrower do with the money then, leave it in the bank account? The lender performs no labor? What about analyzing and papering the loan?
This is that ridiculous "lenders are parasites" nonsense that is so common among the members of the far left (but noticeably less frequent among "moderates").