Adulting 101

A proof could be - regarding the given example of Paying Bills - the double entry book keeping principles as applied according int`l and national standards and as applicable through corresponding given legislation.

This principle inflicts a continuing raise of debts since every booked value on the positive side of accounts requires on the other side a negative minus value accordingly.


Example:

I sell you 1x banana, you owe me 1$.

I book a positive 1$ in my bank account in exchange of the negative loss in my storage account of 1x banana.

You book a negative 1$ in your bank account in exchange of the positive value of 1x banana.


In theory you gained valuable food whilst me only gained a value in exchange for what is valuable.

At a first glance, it seems the necessary task to purchase a banana was a responsible act in order to accomplish your daily `mundane´ needs.

So who cares?


But the consequence is irresponsible "(...) accomplishment of mundane but necessary tasks".

Why?

Because it makes only sense if your avaialable ressources of time and porductivity can easily replace your loss of 1$.

But does your easy replacement is still valid if my pice for 1x banana raises the next time?

What you will do if I raise the price for 1x banana to 5 or 10$?
Than you need to increase your efforts in order that you can accomplish your efforts for your daily needs.

What if I raise to 50$ or even more?

Than you may reach the limits of your available capacity.

Camn you influence it? No

So where is your responsible attitude? Will you just accept the increase of banana prices in order to survive? What if all the other banana traders increase the prices?

... and so forth ...

The final outcome is what we can easily proof since at least 14 years by the proof of disproportional and exorbitant debts of private and public households though the financial bubbles. What are these bubbles? These are nothing more than the speculation an manipulation on prices and commodities.


Just one more sponantous example by the occasion of your example and your question.

Take care and have a nice day