You have a goat and I have 50 apples. You want my apples but I don’t want your goat. OK. Bye bye, good luck finding the next customer.
In the real world:
Ok, I’ll let you have my apples, but you owe me.
Or
You want some apples? Sure, have some!
The world operated on debt and gifts for a long time before monetary systems were common. Debt was sometimes formal, sometimes informal. Gifts were sometimes pure acts of generosity, sometimes they were rituals.
Maybe that worked when you knew everyone in town or that they’d be where you can find them again, but not in a global economy. You can’t lend Joe Random 3 goats and he will pay you back if he simply is in another country doing business or is in town for the weekend. Try getting in your car and telling a random shop you don’t have cash but you’ll pay them back. This logic goes out the window as soon as you involve strangers.
I’m confused, your first post is about how we need to go back to bartering and personal debt one on one without involving banks or money, and now you are advocating credit cards? What’s the message here? Those are 2 different things.
In the real world:
Ok, I’ll let you have my apples, but you owe me.
Or
You want some apples? Sure, have some!
The world operated on debt and gifts for a long time before monetary systems were common. Debt was sometimes formal, sometimes informal. Gifts were sometimes pure acts of generosity, sometimes they were rituals.
Maybe that worked when you knew everyone in town or that they’d be where you can find them again, but not in a global economy. You can’t lend Joe Random 3 goats and he will pay you back if he simply is in another country doing business or is in town for the weekend. Try getting in your car and telling a random shop you don’t have cash but you’ll pay them back. This logic goes out the window as soon as you involve strangers.
What do you think a credit card is?
I’m confused, your first post is about how we need to go back to bartering and personal debt one on one without involving banks or money, and now you are advocating credit cards? What’s the message here? Those are 2 different things.