Usury and Socialism In America
This episode of What Catholics Believe is a discussion about usury & the modern banking system and how this differs from the free market capitalist system. As Pius XI wrote, “No one can be at the same time a good Catholic and a true socialist.” (Quadragesimo Anno, n. 120)
Alexandria Ocasio-Cortez
Cuba
Federal Reserve System
Los Angeles Angels
Mike Trout
Pius XI
Quadragesimo Anno
Socialism
USA
Venezuela
banks
capital
capitalism
debt bondage
fractional reserve banking
fraud
free market
free market system
inflation
inventiveness
labor
loan
money lender
money supply
prices
slavery
usury
