Re: interest v. "usury"

From: jim blair (jeblair_at_XXXfacstaff.wisc.edu)
Date: 09/04/04


Date: Sat, 4 Sep 2004 15:39:31 -0500


<royls@telus.net> wrote in message news:4139fd7c.3518210@news.telus.net...
> On 4 Sep 2004 07:01:12 -0700, william_b_ryan@hotmail.com (Bill Ryan)
> wrote:
>
> >In this essay Belloc differentiates interest per se
> >from "usury," which is rightly condemned,
>
> For no consistently defensible reason...
>
> >and uses
> >the terms "interest" and "profit" interchangeably,
> >which is correct usage.
>
> It most certainly is not. Profit is revenue less expenses. Interest
> is the difference in value between money now and money later.
>

Hi,

Your usage makes too much sense and is too consistent with the way words are
commonly used. That will not do for this bunch.
They want two different words to mean the same thing so that no one will
know just what they are talking about.

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