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On Usury

Sed Contra: A Podcast of Catholic Theology

CHAPTER

Can You Charge More Money for Inflation?

Zippy: If we apply the concept of a loan, we just focus on money. What about inflation? Isn't it true that if I loan you $10 today, $100 years from now, $10 that you get back to me won't be worth exactly what I gave to you. It'll be worth less. Zippy: You can demand an equivalent amount of money to that which was lent to you based on what you buy with it at a different point in time. Inflation's happening whether he makes the loan or not. The loss due to inflation comes from the fact that we have a monetary system and a federal well-controlled central bank.

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