Belloc is wrong, completely. In the premise, he makes the claim that Interest is evil.
So Christ using a parable in Matthew 25 is using evil to make his point? Really? Is that what this “catholic” believes?
Quoting from the Bible “you wicked and slothful servant! You knew that I reap where I have not sown and gather where I scatter no seed? Then you ought to have invested my money with the bankers, and at my coming I should have received what was my own with interest. So take the talent from him and give it to him who has the ten talents....”
Interest is moral and necessary for an economy to function. Storing money is the same as storing labor. Loaning out money entails risk. Risk from inflation, risk from default. And this moron thinks the compensation for this risk should be zero? This guy is a fool.
There are lots of evil people in Christ’s parables! Catholicism has nothing to do with it!
He does not. Read the article, and I'll be thankful for your opinion then.