mentsh1
While we agree
It is less generally simple for Economics
Chazal
held it was forbidden to make profits from $
therefore the private Banking system is absolutely wrong
“It’s a way to keep our money here as opposed to holding it in these large Wall Street banks that we pay egregious interest and financial fees to,” Kayvan Khalatbari, a mayoral candidate in Denver, told Westword. “This is not a new idea, these exist all over the world. Germany is fueled by public banks, and look, they have the best economy in Europe.”
One already exists in America, and it has been thriving for nearly a century.
The Bank of North Dakota, founded in 1919, was created out of economic uncertainty: Farmers, concerned that large grain traders and banks based outside the state threatened their economic sovereignty, saw a public bank as a means to protect themselves from exorbitantly high interest rates that put their farms at financial risk.
They also held it was inappropriate to make too much from real estate ,and hold in perpetuity
hence Yovel
They also held Kalba Savua and his friends accountable since they were so rich they should have given away far more than the regular ,
since secular rarely do so ( vouched by local accountant)
the Gov’t needs to step in and Enforce ( though there should be more leeway for the where the sums go