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No? There's no distinction in my mind between having money and being owed the value of that money in real goods and services. Like, it's not a moral matter, mo
by ThrustVectoring 11y ago
No? There's no distinction in my mind between having money and being owed the value of that money in real goods and services.
Like, it's not a moral matter, more like an accounting identity. People who have money are owed things, and the debt can be resolved by exchanging said money for the things the money-owners want. This works not because people who own money "deserve" to get things, but because this is how society has decided to keep track of who should get things - that is, by paying for those things.