• theneverfox@pawb.social
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    3
    ·
    6 days ago

    I said that, money was created from debt, of course debt came first

    What about the Incas? I’m sure there’s others, but we know a lot about them and their economic system, and they only fell because of outside interference

    • merc@sh.itjust.works
      link
      fedilink
      arrow-up
      2
      ·
      6 days ago

      You also said:

      Most people throughout history didn’t even use money, let alone debt

      So, why not just admit you’re not well informed on this subject and leave it there?

      • theneverfox@pawb.social
        link
        fedilink
        English
        arrow-up
        1
        ·
        6 days ago

        Ok, now you’re just splitting hairs. But I will concede the word debt means more than what I’m using it for

        But there’s a difference between “I did this for you, and it’s expected you’ll reciprocate later” and a formalized version of this

        I don’t know how to put it into words yet, but the merchant of Venice is about the idea I’m circling around. Reciprocity is one thing, selling the future, which is always uncertain, is another

        One of these things is the fabric of community, the other is evil

        • merc@sh.itjust.works
          link
          fedilink
          arrow-up
          1
          ·
          5 days ago

          You’re the one splitting hairs. I made sure you meant all forms of debt several times, and now you’re trying to redefine what you mean by debt now that you’ve been shown to be wrong.