Topic: Debt Based Currency

1 chapters across the catalog

Jay Dyer examines the shift in the Christian West regarding usury and debt-based currency, noting that it was originally forbidden in both Byzantium and the Latin West. He points to the Renaissance papacy's interest in Hermeticism and alchemy as a turning point where the church began to concede to financial systems that eventually led to the modern Vatican Bank. This transition is framed as a move away from traditional doctrine toward worldly power.