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.
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.