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Posts tagged as “debt”

A Farmer Far Afield – Debt Is A Four-Letter Word

By John Mattingly

Four-letter words are effective, on occasion.

I don’t fall in with the pageant of people who claim all debt is bad. It would not surprise me if humans invented written language for the purpose of keeping track of debts. Marks on baboon bones (See Ishango baboon bones, Stone Age Africa) from over 20,000 years ago indicate early homo sapiens were keeping track of borrowings. Debt is as old as civilization, so if one has any faith in civilization, one must concede that there is good debt and bad debt.