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Subject: 
Re: Taxes from Lego auctions?
Newsgroups: 
lugnet.off-topic.debate
Date: 
Fri, 24 Dec 1999 15:19:33 GMT
Reply-To: 
lpieniazek@*avoidspam*novera.com
Viewed: 
839 times
  
Jasper Janssen wrote:

The latest news is that a court in Pakistan has just in essence
subscribed to your views. They say interest is against the the Qur'An.
By 2001 Pakistan will have to have an economy without the practice of
charging interest.

So I guess we'll be able to see in practice how much economic growth
that will result in.

I'm gonna go with "none" unless they find some way to redefine rewarding
the owner of capital for risking his capital as something other than
"interest".

I rank banning interest right up there with defining Pi as exactly 3.
Both are about the same level of removal from reality.

--
Larry Pieniazek larryp@novera.com  http://my.voyager.net/lar
- - - Web Application Integration! http://www.novera.com
fund Lugnet(tm): http://www.ebates.com/ ref: lar, 1/2 $$ to lugnet.

NOTE: Soon to be lpieniazek@tsisoft.com :-)



Message has 2 Replies:
  Re: Taxes from Lego auctions?
 
(...) I think this thread has gotten VERY far from anything I wanted to talk about, even as off-topic debate, but even the bible prohibits usary (not a word my spell-checker catches). But in any case, my brief point would have been to point out that (...) (25 years ago, 24-Dec-99, to lugnet.off-topic.debate)
  Re: Taxes from Lego auctions?
 
(...) I'll give you three to one odds and go for "dramtically negative", myself. (...) Interestingly, I've heard one rumour that this is _exactly_ what they're doing. I suppose the system of investing in companies in exchange for shares in it (...) (25 years ago, 24-Dec-99, to lugnet.off-topic.debate)

Message is in Reply To:
  Re: Taxes from Lego auctions?
 
[Yes, responding to my own post. New information.] (...) The latest news is that a court in Pakistan has just in essence subscribed to your views. They say interest is against the the Qur'An. By 2001 Pakistan will have to have an economy without the (...) (25 years ago, 24-Dec-99, to lugnet.off-topic.debate)

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