Comment on Unpopular popular opinion - fiat

TabbsTheBat@pawb.social ⁨2⁩ ⁨months⁩ ago

• cattywampas@lemm.ee ⁨2⁩ ⁨months⁩ ago

  We already use a barter system. We exchange our goods and services for other goods and services. Money is just a medium for when a direct exchange isn’t practical or possible.

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  • rmuk@feddit.uk ⁨2⁩ ⁨months⁩ ago

    Yeah, my response to this argument is always the same: I work in IT, how do I barter for potatoes? If you’re a potato farmer, how many potatoes is a hip transplant worth? Maybe assigning worth to things with an abstract unit isn’t such a terrible idea after all…

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    • kryptonianCodeMonkey@lemmy.world ⁨2⁩ ⁨months⁩ ago

      Also how do I save up perishables like potatoes for a big purchase? Do I have to set up a potato payment plan? What happens when I need IT services, but my profession is teacher and the IT guy doesn’t need my services, so I have to source something he needs from someone who needs my services to get his services? What if I can’t do my job without his services? Shit gets way more complicated without a uniform non-perishable national currency, fiat or otherwise.

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• evasive_chimpanzee@lemmy.world ⁨2⁩ ⁨months⁩ ago

  Reject bartering, embrace gift economy

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  • xkbx@startrek.website ⁨2⁩ ⁨months⁩ ago

    Gift me 1 million dollars

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• Aurenkin@sh.itjust.works ⁨2⁩ ⁨months⁩ ago

  I’ll embrace bartering if you give me 400 carrots and 2000 potatoes.

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  • TabbsTheBat@pawb.social ⁨2⁩ ⁨months⁩ ago

    I have around ~100kg of potatoes in the basement… im not sure how many single units that is

    Carrots will probably be harder, our garden doesn’t grow that many :3

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    • Aurenkin@sh.itjust.works ⁨2⁩ ⁨months⁩ ago

      Ok I’ll take the potatoes for now and accept and IOU for the carr…wait a minute

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      • SpongyAneurism@lemmy.frozeninferno.xyz ⁨2⁩ ⁨months⁩ ago

        My dude jumping right ahead to futures.

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