Forum Post: Does the financial system...
Posted 13 years ago on Oct. 20, 2011, 12:04 p.m. EST by indivisible
(89)
from Leeds, England
This content is user submitted and not an official statement
...require interest (both on credits and debts) to be healthy?
Just thinking of how islamic banking forbids lending money at interest..
Surely it then follows that you cannot acquire interest on deposits.. we are sort of lending the banks our money to invest..
What purpose does interest serve to society?