August 8, 2007

Some more with Mr. Powell.

Actually, it's not the same debate anymore. This time we spent a good deal of time discussing 'usury,' and it's presence in the modern world. As you can imagine, Mr. Powell as a convinced Distributist, comes down very critically on the banking industry and on the practice of accepting interest on borrowed money. I, of course, am of a very different stance. Because the debate was entirely in the comment line of a post on his blog this time, I'll refrain from copying the replies here and instead just post a link to the original post with the comments. The debate does eventually shift back to the China discussion but we achieve a much better understanding, I believe, this time. Enjoy.

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