Justin Goldberg on Nostr: I found it through chatgpt. here is the reference. This quote is a paraphrase of ...
I found it through chatgpt. here is the reference.
This quote is a paraphrase of Aristotle’s criticism of usury (the charging of interest) in his work Politics (Book 1, Chapter 10). Aristotle argues that money is "barren" because it does not have intrinsic value or the ability to generate wealth on its own. He contends that money should be used as a medium of exchange, not as a means to make more money through interest, which he sees as unnatural.
The specific passage states:
"The most hated sort (of wealth-getting), and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural object of it. For money was intended to be used in exchange, but not to increase at interest. And this term interest, which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore of all modes of getting wealth this is the most unnatural."
This quote is a paraphrase of Aristotle’s criticism of usury (the charging of interest) in his work Politics (Book 1, Chapter 10). Aristotle argues that money is "barren" because it does not have intrinsic value or the ability to generate wealth on its own. He contends that money should be used as a medium of exchange, not as a means to make more money through interest, which he sees as unnatural.
The specific passage states:
"The most hated sort (of wealth-getting), and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural object of it. For money was intended to be used in exchange, but not to increase at interest. And this term interest, which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore of all modes of getting wealth this is the most unnatural."