Mr. Burns in Hell (2/26/24)

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Mr. Burns in Hell (2/26/24)
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Description
When news broke about Jacob Rothschild’s death at 87 some felt bad while others used it as an excuse to target Jews as a global enemy. Others claim the ‘white...
show moreThere is some truth to the ‘Jewish banker’ stereotype, however, and much of that was cultivated by Jacob’s family. Mayer Bauer, born in 1744, who shares his name with a demon, embezzled much of his wealth from William IX and used his connections to other German royalty to engage in insider trading, market manipulation, and spreading false news stories to alter public investment. Bauer was so corrupt that he changed his name to Rothschild, which also became so tainted to the public that he had to spread his family’s business dealings through agents under different names. Historically it is from Jewish families like this that we acquire words like Jewelry, Goldstein, and Silverstein, since they were traditional changers of metals.
In 1179 the Church decreed that the taking of interest was forbidden by Scripture as well as by the laws of nature, and that all Christian usurers would be liable to excommunication. As canon law did not apply to Jews, this decree did not prevent them from lending money on interest, and moneylending soon became a typically Jewish business. The Jews were practically forced into it by the severe restrictions placed upon them in the pursuit of any other trade or profession in most countries of Europe.
The Quran Al-Baqarah, verse 275, forbids the practice of usury, condemning those people as “the companions of the Fire; they will abide eternally therein.” Exodus 22:25 forbids the same: “if you lend money to one of my people among you who is needy, do not treat it like a business deal; charge no interest.” As per the Torah, “it is forbidden to participate in any way in an interest-bearing loan made by one Jew to another (160:1-3), but it is permitted to lend money to a non-Jew at interest.” But this could mean that it is only permissible to charge those not following God, meaning a Christian could charge usury to an atheist. Whatever the reason, and due to these restrictions, perhaps we can better understand the Jewish influence in banking today.
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Flux Capacitor
11 months ago