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Old 06-11-2012, 06:03 PM   #16
tropicana

Join Date
Oct 2005
Posts
506
Senior Member
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Two things. First of all, apples are only available at harvest. In that system he could only buy things once a year, because his apples have a limited shelf life.

Second, even if he did have the apples on hand, it's still credit. If you take the note to him, how do you know the apples will still be there? How do you know they will be as advertised? How do you know he will honor the note even if he's got the apples?
Ok, good points, but in the first instance, apples can be stored easily. Hell, even tomato's can be stored. They do have a limited shelf life though, like all perishables, so that would require that the money being used to represent the perishables also have a limited time/value attached. Each money unit would have to be spent within a given period of time.

Second, the apple farmer would take his produce, fresh, cold stored or dried to the store and exchange it for money, just as the hunter would take his venison to the store to be converted to money as well. No debt. No credit. Just fair exchange.

Anyway, I'm just imagining how money "might" be used without it inevitably becoming a debt instrument.

It seems to me that money disappears as a consequence of a peoples inability to produce goods to exchange with one another.

That apple orchard that my Grandfather planted 100 years ago got turned into a Highway and a County Landfill.
My father got a deduction on his property taxes and I got this T-shirt that says, "made in Taiwan."
tropicana is offline


 

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