Usury

O dear tax collectors.

This occurs in many different scenarios. An example is a landlord who pays a property manager to manage their rental property and to collect rent from tenants. The property manager then pays the landlord the rent collected from the tenants. Another example is a business owner who pays an accountant to manage their books and to collect payments from customers. The accountant then pays the business owner the payments collected from the customers. (ao)

“When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it.”

Frédéric Bastiat

In the pyramid of usury we do it all somehow.

AI Created: Artificial Intelligence talking about Usury.

Me: People pay other people to let other people pay (both of) them.

ChatGPT (jan23):

This statement is describing a situation where individuals or entities are engaging in illegal or unethical practices, such as embezzlement or fraud, in order to acquire money. The individuals or entities that are committing these illegal or unethical acts are essentially stealing money from others, and then using some or all of that money to pay off the people who helped them commit the crime. This type of behavior is not only illegal, but it is also morally wrong, as it harms the individuals or entities who are the victims of the theft. It also undermines the trust and stability of the society.

Buy the AI a drink (in holofuel)

Extra:

This is often referred to as a “third-party payment system”.

Wikipedia:

• https://en.m.wikipedia.org/wiki/Tax
• https://en.m.wikipedia.org/wiki/List_of_taxes
• https://en.m.wikipedia.org/wiki/Debt_collection

Affiliate:

Books:

1. “The Economics of Integrity: From Dairy Farmers to Toyota, How Wealth Is Built on Trust and What That Means for Our Future” by Anna Bernasek and D.T. Mongan (2010)
2. “The Great Reversal: How America Gave Up on Free Markets” by Thomas Philippon (2019)
3. “The White Tiger” by Aravind Adiga (2008)

Documentaries:

1. “The Panama Papers” (2018)
2. “The Price We Pay” (2014)
3. “The Kleptocrats” (2018)

Movies:

1. “The Wolf of Wall Street” (2013)
2. “The Big Short” (2015)
3. “Margin Call” (2011)

Series:

1. “Narcos” (2015-2017)
2. “Ozark” (2017-2022)
3. “Money Heist” (2017-2021)

Songs:

1. “Money” by Pink Floyd (1973)
2. “Can’t Buy Me Love” by The Beatles (1964)
3. “Money, Money, Money” by ABBA (1976)

Artworks:

1. “The Treachery of Images” by René Magritte (1929)
2. “The Physical Impossibility of Death in the Mind of Someone Living” by Damien Hirst (1991)
3. “A Subtlety” by Kara Walker (2014)

Podcasts:

1. “The Bribe” by NPR’s Planet Money
2. “Corruption, Contempt, and Cover-ups in the Trump White House” by Vox’s Today, Explained
3. “The World of Corruption” by BBC’s The Documentary

Purpose: to evolve and create new knowledge

Would you agree…

#UC100 Would you agree that #usury lets people pay other people to let other #people pay both of them?https://t.co/4diHV1ZnbH#UsuryC #UC099 #UC101 #Avarice #Human #Immoral #Interest #Fee #History #Economy #Activism #Mammon #Erysichthon #Ethics #Philosophy #Ecology #Holochain

— Atotsm (@Atotsm2) August 20, 2022

#Usury #UsuryC #UC099 #UC100 #UC101