First , the medievals banned usury , or charging interest on loans .
首先,中世纪严禁高利贷,或者收取贷款利息。
The term was 29 years , and the loans were described as compere-or purchases-to evade the church 's usury laws .
期限为29年,并且为了规避教会的高利贷法,借款被描述为持有或者购置。
The importance of debt management throughout human history is evident in how the main religions contain often detailed regulations such as debt cancellations and prohibitions on usury .
Jews in medieval italy , unrestrained by the catholic ban on usury , advanced money at high interest rates to grain farmers to secure an option on their crops and then shipped the grain .
Interest payments on debt are often regarded as an onerous burden placed on the poor ; interest is seen as an unjustified reward for capital , a concept that goes back to aristotle and is implicit in the christian idea of usury .
Banking developed in florence because of the ingenious development of bills of exchange , first as a way of paying debts without having to transport cash , then as a means of evading the church 's usury laws , and finally as a means of extending credit .
Gerard malynes stated , giving detailed reason for his assertion , that ' plenty of money decreaseth usury in price or rate ' ( lex mercatoria and maintenance of free trade , 1622 ) .
Though usury has long since lost its power to inspire any penitential effort among christians , modern moneylenders are accused of other sins : pope benedict calls for " moral renewal " in italy and the church of england agonises about the godlessness of the city of london .
His truculent and rather unscrupulous adversary , edward misselden , replied that ' the remedy for usury may be plenty of money ' ( free trade or the meanes to make trade florish , same year ) .