Submitted by BezugssystemCH1903 t3_126if7d in worldnews
I_Bin_Painting t1_jeaqga8 wrote
Reply to comment by IwishIcouldBeWitty in Four bankers who helped Putin’s friend set up Swiss bank account convicted by BezugssystemCH1903
Money is a bartering system. We barter time and work for money then money for goods and services.
You need a universal medium of exchange otherwise how does e.g. a plumber keep his family fed? There's a limit to how many farmers in the area want plumbing work, so then the guy would be stuck needing a warehouse to store all of the bullshit he works for but does not want, and needs to store until it can be bartered. Everyone has to be a General Store.
Money is good. How we allow it to work and be politically controlled is not great.
Edit: it would be even worse for the farmer trying to offload a whole harvest and just needing to accept whatever people could trade before it expired.
itwascrazybrah t1_jeax11j wrote
Yeah I mean people are so angry (rightfully) that they want to drop money and move into bartering or want to upend the entire economic system, but the solution is much more simpler than that, which is to just hold people accountable (especially corporations and their executives) for their misdeeds. Unfortunately, although this is simple, it seems to be exceedingly difficult to put into practice.
[deleted] t1_jed5plh wrote
[removed]
Viewing a single comment thread. View all comments