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What isn't illegal but should be? (lemmy.world)

submitted 5 months ago* (last edited 5 months ago) by [email protected] to c/[email protected]

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[–] [email protected] 5 points 5 months ago (1 children)

Without charging of interest, why would a bank lend you money?

Also you would not get interest on money you have in the bank.

I agree that limits on charged interest on loans are needed, but abolishing them completely would destroy a big part of our society.

[–] [email protected] 3 points 5 months ago (1 children)

Usury means a paticoularly high interest rate.

Also, destroying a big part of our society sounds great!

[–] [email protected] 0 points 5 months ago (1 children)

It might sound great untill it starts affecting you or someone you care about

[–] [email protected] 3 points 5 months ago (1 children)

My aunt works in oil, if it was made illegal tomorrow that wpuld dirsupt her life. I would be glad to help her and glad that the future of everybody just got brighter?

[–] [email protected] 1 points 5 months ago (1 children)

If oil was made illegal tomorrow, society would collapse.

Supply chains would collapse, artificial fertilizer would not be made, crops would die, massive famine would set in, medicine would not be able to be made, power generation would stall, including emergeny generators, and vast numer of people would die globally.

Congratulations, who ever makes oil illegal, will be responsible for the biggest mass death globally ever.

[–] [email protected] 1 points 5 months ago

Thanks for making me feel smarter.