Quote:
Originally Posted by afc wimbledon
Theoretically I agree, but then at I look at all the nice #### I own, the new TV every 2 years the constant stream of phones, cars the fact I can get a mortgage and eat food grown a thousand miles away and at that point I think f*** it, I like credit
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Credit is a great thing but this is different. Imagine if the worlds reserve currency was AFC WimbledonBucks and you can create them in your kitchen with little to no effort in any quantity. You might go a little crazy (as anyone would) to the point where you can't stop or even slow down the money creation. At some point when the world if flooded with AFC WimbledonBucks and your kitchen is a total mess people will no longer universally agree in its value. Then the kitchen just closes. It's not really credit if you never have to pay it back, nor really ever intended to.