this post was submitted on 15 May 2024
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This sounds good in theory, but is relatively bad in practice. Without interest, no one will loan the government money. Municipalities would need to rely on huge tax increases to fund large projects, instead of bonds funded by small tax increases over time.
No one will loan money to businesses either, and you are not getting any money to buy a house. It would favor those who already own established businesses, as they can just use profits from one to invest in another one.
I don’t think anyone is saying this is sound economic theory, just that Christianity has a lot of kooky shit that modern Christians are ignorant of and are contradictory to the theocracy they envision.