What is usury? Economic history

By |2017-06-12T23:00:31-07:00June 12th, 2017|Economy|0 Comments

Code of Hammurabi (1700s BC) Usury (YOU-sure-ee) is when you lend money to someone else and charge a percentage as interest for that money. For instance if you lend me ten dollars, and then I pay you back ten dollars next week, that's not usury. But if you lend me ten dollars only [...]