• unreasonabro@lemmy.world
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    9 months ago

    there’s certainly no reason to ever give a whit of credit (no pun intended) to anything any financier ever says. The other day there was a muppet on the radio rambling about how if the Canadian government limits interest rates to 35% as they’re discussing doing, banks won’t be able to make enough money to be able to loan it out. Usury is anything above 3%, just in case you didn’t know. Now the entire culture is usurious; usury is the standard, ergo we don’t use the word any more.

    • JasonDJ@lemmy.zip
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      9 months ago

      I used that word against BoA for a $35 overdraft on half a dunks coffee. It felt apt at the time but I’m pretty sure nobody knew what it meant.