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Australia’s Reserve Bank has left interest rates on hold. In an election, especially, interest rates are always a political challenge.
But paying extra on a loan is also known as usury. It’s an ancient concept with Biblical roots.
GUEST:
PETER KURTI is co-author of a new paper for the Centre for Independent Studies. It’s called Interest, Usury and the Common Good.
By ABC4.3
66 ratings
Australia’s Reserve Bank has left interest rates on hold. In an election, especially, interest rates are always a political challenge.
But paying extra on a loan is also known as usury. It’s an ancient concept with Biblical roots.
GUEST:
PETER KURTI is co-author of a new paper for the Centre for Independent Studies. It’s called Interest, Usury and the Common Good.

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