Debt is money more than assets are money. Debt allows us to trade without bartering or instant closing. When you work before being paid, you extend credit to yo

Debt is money more than assets are money. Debt allows us to trade without bartering or instant closing. When you work before being paid, you extend credit to your employer. When you rent and pay upfront, you extend credit to your landlord. Neither of these relationships would be possible without, at some point, there being credit on the basis of future exchange.