Comment on Unpopular popular opinion - fiat
cattywampas@lemm.ee 5 days agoWe 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.
rmuk@feddit.uk 4 days 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…
kryptonianCodeMonkey@lemmy.world 4 days 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.