Credit produces more money, paying cash
doesn't.
For the one giving credit maybe.
According to Jewish code of law it is not allowed to charge intrest or pay intrest, Jews between.
In past times when Jews were not permited to take up a profession or make a livlihood in anyway,
lending with intrest was adopted.
But Jews between is a no-no.
But apart from that, lending cash to enable someone to start a project is one thing,
But today it is about having the latest gadget,
you don,t have the money to buy it,
no problem, take it and start paying back later.
And then when either the novelty has worn off or a newer gadget is on the market, one is left with monthly installments.
And in some cases, junk.
There is a lot of whining about enviroment today,
but how much is not caused by consumerism?
The most sucsessful door to door salesman was asked once what his secret was,
He answered, "I just ask if they have seen what their next door nieghbour has bought."
Don,t know if it is true, but very possible.