4.9 • 801 Ratings
🗓️ 22 January 2025
⏱️ 77 minutes
🧾️ Download transcript
Today, most 18 year olds could walk into just about any bank and be entrusted with thousands of dollars of credit. We as Americans take debt and its accompanying, exorbitant interest for granted. But this wasn’t always the case. Old Testament Israel, the ancient philosophers, the early church, medieval societies, and the reformers all enforced strict prohibitions on any usury, or at the very least, capped interest rates and prohibited their use to exploit the poor. What changed and why? This episode is brought to you by our premier sponsors, Armored republic and Reece fund, as well as our patreon members and donors. You can join our patreon at https://patreon.com/rightresponseministries or you can donate at https://rightresponseministries.com/donate Get your tickets now for our 2025 Conference. Christ Is King: How To Defeat Trash World at https://rightresponseconference.com *MINISTRY SPONSORS:* *Private Family Banking* How to Connect with Private Family Banking: 1. FREE 20-MINUTE COURSE HERE: https://www.canva.com/design/DAF2TQVcA10/WrG1FmoJYp9o9oUcAwKUdA/view 2. Send an email inquiry to [email protected] 3. Receive a FREE e-book entitled "How to Build Multi-Generational Wealth Outside of Wall Street and Avoid the Coming Banking Meltdown", by going to https://www.protectyourmoneynow.net 4. Set up a FREE Private Family Banking Discovery call using this link: https://calendly.com/familybankingnow/30min 5. For a Multi-Generational Wealth Planning Guide Book for only $4.99, use this link for my affiliate relationship with "Seven Generations Legacy": https://themoneyadvantage.idevaffiliate.com/13.html *Reece Fund.* Christian Capital. Boldly Deployed https://www.reecefund.com/ *Dominion: Wealth Strategists* is a full-service financial planning and wealth management firm dedicated to putting more money in the hands of the church. With an education focused approach, they will help you take dominion over your finances. https://reformed.money/
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0:00.0 | Leave us a five-star review on your favorite podcast platform. I get it. It's annoying. Everybody |
0:05.6 | asks, but I'm going to tell you why. When you give us a positive review, what that does is it |
0:10.8 | triggers the algorithm so that our podcast shows up on more people's news feeds. You and I both know |
0:17.2 | that this ministry is willing to talk about things that most ministries aren't. We need |
0:22.3 | this content for the glory of God to reach more people's ears. Today, most 18-year-olds |
0:29.0 | could walk into just about any bank and be entrusted with thousands of dollars of credit. Want to |
0:34.5 | go to college but can't afford $60,000 a year? There's a loan for that. A new car? |
0:40.0 | Just sign here. You can even finance pizza deliveries. We as Americans take debt and it's accompanying |
0:46.9 | exorbitant interest for granted. But this wasn't always the case. Old Testament Israel, |
0:53.1 | the ancient philosophers, the early church, |
0:56.0 | medieval societies, and the reformers all enforce strict prohibitions on any usury. |
1:03.0 | Or, at the very least, they capped interest rates and prohibited their use to exploit the poor. |
1:10.0 | What changed and why? |
1:12.2 | This episode is brought to you by our premier sponsors, |
1:16.0 | Armored Republic and Reese Fund, |
1:18.2 | as well as our Patreon members and donors. |
1:20.9 | You can join our Patreon at patreon.com right response ministries, |
1:26.6 | or you can donate at rightresponseministries.com |
1:30.6 | slash donate. Tune in now as we discuss the history of usury and what the Bible has to say |
1:38.1 | about it and where we should go from here. |
1:51.8 | This episode is brought to you by a firm, buy now, pay later. |
1:52.3 | No, just kidding. |
... |
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