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On the other hand, I wouldn't pay to build a road 10m long from my front door if I couldn't count on 100,000 of my neighbors to do the same so that I could get
by cmsmith 11y ago
On the other hand, I wouldn't pay to build a road 10m long from my front door if I couldn't count on 100,000 of my neighbors to do the same so that I could get to work. And if I work for Ford, I'm not going to buy an iPad if I don't think that Apple engineer is going to turn around and buy a car.
- deleted 11y ago[deleted]
- Jtsummers 11y ago> And if I work for Ford, I'm not going to buy an iPad if I don't think that Apple engineer is going to turn around and buy a car. What? I don't make anything that you will buy. I can guarantee it. So why should I buy your products if you won't buy mine. That makes no sense. The way money works, it doesn't matter who is buying from who, only that things are being bought.
- sp332 11y agoBut each person participating has to at least make a living, so it's circular to some extent (even if the circle is pretty long).
- Jtsummers 11y agoYes. But my decision to buy from you is still independent (mostly) of whether you'll buy from me. The premise that cmsmith presents is absurd. I'm healthy, I don't need anything from the pharmacist. But I own a restaurant, and he wants a meal. Would he really not eat at my restaurant because I don't shop at his pharmacy? That's an absurd principle.
- ajmurmann 11y ago100% agreed. Otherwise we might as well get rid of money and go back to exchanging goods directly.