Aristotle: Petty Userers Avarice

Posted by admin on Tuesday, November 9, 2010

Aristotle Money Quote saying loan sharks as small operators earning fast money on quick transactions is hated – but the description sounds like some practices of the respected banking industry on a smaller scale and without a license. Aristotle said:

The trade of the petty usurer is hated with most reason: it makes a profit from currency itself, instead of making it from the process which currency was meant to serve. Their common characteristic is obviously their sordid avarice
— Aristotle

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