Why did Alexandria Ocasio-Cortez say the Bible denounces high interest rates? Is she correct?

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 As of my last knowledge update in , I don't have specific information on Alexandria Ocasio-Cortez making a statement about the Bible denouncing high interest rates. However, I can provide some general context.

Statements about the Bible's stance on economic issues can vary depending on interpretation. Some individuals may argue that certain biblical principles, such as those related to justice and compassion, imply a concern for fair economic practices. In the context of interest rates, there are verses in the Bible that caution against usury, which is the practice of charging excessively high interest rates.

For example, in the Old Testament, there are verses like Exodus 22:25 (NIV), which states: "If you lend money to one of my people among you who is needy, do not treat it like a business deal; charge no interest." Similarly, Leviticus 25:36-37 (NIV) advises against charging interest to fellow Israelites in need.

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