My simplistic approach to credit: it allows people to buy stuff they can't afford but it drives prices up artificially. Lots of things would be cheaper if people couldn't afford to "produce" money.
Yes but. If you take “cash” or “money” out of it, do you still agree with your own argument? What if you said “lots of things would be less valuable if nobody could cooperate to build anything”?
Well, maybe. But I've learned that you can't take money out of "it". Even in places that strive to do so. If we could we could actually reach some utopia. Communism would become highly desirable.
einarvollset|6 years ago
Again, arguing in good faith.
smallbigfish|6 years ago