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Archives for 24 October 2011

Once upon a time usury was actually forbidden

24 October 2011 · by  Fr. Ernesto 12 Comments

I have posted before on the subject of usury. There was once upon a time when usury was not simply illegal in the USA, but the USA defined what was considered usury. You should know a couple of facts: In 1980, because of inflation, Congress passed the Depository Institutions Deregulation and Monetary Control Act exempting […]

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