Cybersecurity Quote by Desiderius Erasmus
“The Jewish usurers are fast-rooted even in the smallest villages, and if they lend five gulden they require a security of six times as much. They charge interest, upon interest, and upon this again interest, so that the poor man loses everything that he owns.”
About This Quote
Source Treat: The Praise of Folly, 1509
Exploiting the poor through compounded interest leads to their ruin.
In simple terms: Usury harms the vulnerable.
Key Takeaway
Avoid predatory lending.
Themes
economics
ethics
poverty
justice
Mood
concerned
critical
Type
social commentary
ethical warning
When to use this quote
- rural villages
- small loans
- financial counseling
Key Concepts
usury
compound interest
social exploitation
Questions to Reflect On
- How can communities protect themselves from predatory lenders?
- What alternatives exist for low‑income borrowers?
