Katherine M. Moss @cambridgeport90@qoto.org
- Personal Blog
- https://cambridgeport90.net
- Paranormal Happenings in Boston and Beyond (uses my chosen alternate alias Armina Rahl
- https://defendersofcambridge.org
- StormlightTech
- https://stormlighttech.org
- Link to my Steem network profile
- https://steemit.com/@cambridgeport90
Service Desk Representative. Bostonian. I run the Open Source community StormlightTech on the side. I am spiritually aware, I use real magic, and I have a good standing with the Fae colonies of the North. All questions on any subject are welcome, for I love to interact with the wider world. Teach me anything. I absorb information like a sponge.
Joined Sep 2018
misc Fediverse thoughts
@chara@toot.cat Good going! Thank you?
Katherine M. Moss
boosted
Discretionary deposit
A discretionary deposit is the term given to a device by medieval European bankers as a method of circumventing Catholic canon law edicts prohibiting the sin of usury. At the time, most Christian nations heavily incorporated Biblical scripture into their laws, and as such it was illegal for any person to charge interest on a loan of money.
The name comes from the workings of the device: a rich person would deposit a large sum with a bank. His name would be kept a secret (at the banker's "discretion"), as a discretionary deposit was seen as an obvious dodge around the charging of usury, and it would have embarrassed the Pope, cardinals, and various nobles and merchants who made use of this device. Every year, in gratitude for the personage's deposit, the banker would make the account a "gift", the exact amount of which would be at the banker's discretion. Of course, the gifts would work out to whatever the prevailing rate was, 8-12%, perhaps. Should a banker's "gifts" be too little, depositors would eventually take their money to another bank whose "gifts" were more commensurate with the going rate. Discretionary deposit accounts were not demand deposit accounts, and so notification of withdrawals often had to be given in advance — sometimes as much as a year.
https://en.wikipedia.org/wiki/Discretionary_deposit
A discretionary deposit is the term given to a device by medieval European bankers as a method of circumventing Catholic canon law edicts prohibiting the sin of usury. At the time, most Christian nations heavily incorporated Biblical scripture into their laws, and as such it was illegal for any person to charge interest on a loan of money.
The name comes from the workings of the device: a rich person would deposit a large sum with a bank. His name would be kept a secret (at the banker's "discretion"), as a discretionary deposit was seen as an obvious dodge around the charging of usury, and it would have embarrassed the Pope, cardinals, and various nobles and merchants who made use of this device. Every year, in gratitude for the personage's deposit, the banker would make the account a "gift", the exact amount of which would be at the banker's discretion. Of course, the gifts would work out to whatever the prevailing rate was, 8-12%, perhaps. Should a banker's "gifts" be too little, depositors would eventually take their money to another bank whose "gifts" were more commensurate with the going rate. Discretionary deposit accounts were not demand deposit accounts, and so notification of withdrawals often had to be given in advance — sometimes as much as a year.
https://en.wikipedia.org/wiki/Discretionary_deposit
RT @MdRuhoy@twitter.com: I’ve already had several calls over this story. One patient asked if we were filtering our water through diapers? https://www.seattletimes.com/seattle-news/health/rare-brain-eating-amoebas-kill-seattle-woman-leave-doctors-bracing-for-possible-repeats/?utm_source=twitter&utm_medium=social&utm_campaign=article_title_1.1 via @seattletimes@twitter.com
@LWFlouisa I don't, I'm sure there are plenty who do.
@DragonessDella@octodon.social indeed.
@LWFlouisa I'm the same way. Then again oh, I wouldn't be any good at graphic novels. I wouldn't even be qualified.
Need to find out how to find my draft comments on @PartikoTeam@twitter.com. Love the app, though I still need to retrieve this big long comment I posted LOL. #Share2Steem #partiko #dapp
RT @irisxie@twitter.com: I've been diving deeper into disability and accessibility in games and TTRPGs in particular because I think diversity often forgets to include disability. Do folks have any personal recommendations for who to follow or content to consume? Thanks in advance!
I want to get one of these, though not sure what games are available. I forget, is The Veil going to be available on XBox One soon? I think they said something about that?
RT @superblindman@twitter.com In case blind people who have Xbox Ones but don't already have MKX exist, this one's for you. Might wanna think about joining Game Pass. https://twitter.com/Polygon/status/1071474821068918786
RT @ke7zum@twitter.com: Lol! https://twitter.com/XplodingUnicorn/status/1071471237107458048
RT @KatrinaKNews@twitter.com: Oh Boston, how I love thee. https://twitter.com/onlyinbos/status/1071465829374545921
RT @FreakyFwoof@twitter.com: #Playing #Keys over the #sound of a #recorded #Thunder #Storm.
Provides a nice bit of #background #Ambiance. https://www.instagram.com/p/BrIP7FWHSF_/?utm_source=ig_twitter_share&igshid=1hktxl99g9s12
RT @DailyLyricsRap@twitter.com: Movies That Ruined the Book - http://epphany.com/site/post/3?m=1
RT @PatBouchard@twitter.com: I now own a phone and a TV which both have more processor cores than my computer.
RT @cambridgepl@twitter.com: The Universal Declaration of Human Rights was adopted on December 10, 1948. Join @CRLStweets@twitter.com students and community members in a communal reading of the Universal Declaration of Human Rights on the 70th anniversary of its adoption. Mon, Dec 10, 11-1 PM, Main Library. #CambMA
RT @Yammer@twitter.com: Review the 'Use Case Deep Dive' about using #Yammer for connecting communities of interest or practice. http://msft.social/vlPToY
It takes a conscious effort to stay emotionally centered when ... More for Cancer http://bit.ly/yk3b9m
RT @OpenCADProject@twitter.com: @OpenCADProject@twitter.com has pushed the newest update to OpenCAD. Version 0.2.5 is out! Our developers @TheRealWymoree@twitter.com and @ocshealynn@twitter.com both worked on this version for extenuating hours. Be sure to enjoy // https://www.opencad.io/download.php/
Katherine M. Moss
boosted
OP-ED: The Satanic Temple of Chicago sees Satan as "the hero" in the biblical Garden of Eden, "because he gave Eve the gift of knowledge" when he sent a serpent to tempt Eve with an apple from the Tree of Knowledge, @nprscottsimon says.
https://n.pr/2zNvOAW
@LWFlouisa I didn't know you were so artsy.
- Personal Blog
- https://cambridgeport90.net
- Paranormal Happenings in Boston and Beyond (uses my chosen alternate alias Armina Rahl
- https://defendersofcambridge.org
- StormlightTech
- https://stormlighttech.org
- Link to my Steem network profile
- https://steemit.com/@cambridgeport90
Service Desk Representative. Bostonian. I run the Open Source community StormlightTech on the side. I am spiritually aware, I use real magic, and I have a good standing with the Fae colonies of the North. All questions on any subject are welcome, for I love to interact with the wider world. Teach me anything. I absorb information like a sponge.
Joined Sep 2018
