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Re:Bank Run at Silicon Valley Bank by dwater on Thursday March 09, 2023 @05:05PM (#35087438)
Well, a lot of religions created before the modern era of banking say that lending with interest is a sin, and there are some people that still believe it.
Re:Bank Run at Silicon Valley Bank by monocasa on Thursday March 09, 2023 @05:21PM (#35087646)
Also, most of the Muslim world works off of banking without usury.
Re:Bank Run at Silicon Valley Bank by pseudo0 on Thursday March 09, 2023 @05:38PM (#35087838)
Most of the Muslim world just offers financial products that have "fees" coincidentally exactly equal to the interest a non-Muslim bank would charge.
Re:Bank Run at Silicon Valley Bank by monocasa on Thursday March 09, 2023 @06:27PM (#35088347)
Correct, but those financial products don't have a tendency to combine in weird ways the way interest bearing systems do.