How are debt based instruments such as paper currency connected with usury?

Debt-based instruments such as paper currency are connected with usury because they are often created through the process of fractional reserve banking, which involves creating money out of debt. When a bank lends money, it creates that money by simply adding it to the borrower's account. This money is not backed by anything tangible, such as gold or silver, but rather by the promise that the borrower will repay the loan with interest.

This system creates a cycle of debt, where the money supply is constantly expanding as more loans are made, and interest on those loans accrues. The result is that there is always more debt than there is money to repay it, which creates a need for constant economic growth to keep the system functioning.

Usury comes into play because the interest on these loans can be seen as excessive or exploitative. The interest charged on loans can be much higher than the actual cost of creating the money, and it can be difficult for borrowers to pay off their debts when interest is compounding over time.

In the case of paper currency, the connection to usury comes from the fact that the money supply is created through debt-based instruments like bank loans. Central banks are responsible for creating new money by buying government debt or other financial instruments, which puts new money into circulation. This new money is effectively created out of debt, which means that there is always more debt than there is money to repay it.

Overall, the connection between debt-based instruments and usury is that they are both part of a system that creates money out of debt and relies on interest to keep the system functioning. While this system has its benefits, it can also lead to economic instability and exploitation if not managed carefully.