[Spaceships] Islamic Banking and Financing Spaceships Purchases

Humabout · 09-12-2017, 11:19 AM

How does a usury-no system account for and offset inflation? If you loan me $1,000 today and there is 3% inflation between now and when I pay back the loan, the bank is recieving only $970 in purchasing price parity on the original principle of $1,000. That's a loss.

Can a person charge interest to offset projected inflation or simply adjust the princle for inflation as it occurs? Or is that then considered usury?

09-12-2017, 11:19 AM	#15
Humabout Join Date: Aug 2008	Re: [Spaceships] Islamic Banking and Financing Spaceships Purchases How does a usury-no system account for and offset inflation? If you loan me $1,000 today and there is 3% inflation between now and when I pay back the loan, the bank is recieving only $970 in purchasing price parity on the original principle of $1,000. That's a loss. Can a person charge interest to offset projected inflation or simply adjust the princle for inflation as it occurs? Or is that then considered usury? __________________ Buy My Stuff! *Free Stuff:* Dungeon Action! Totem Spirits My Blog: Above the Flatline.