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padjo
53 days ago
Yes but the baker doesn't just give the cobbler money to buy bread and take a share in the shoe shop in return.
3 comments
philipallstar
53 days ago
But there's nothing wrong with that. It's not a circle; it's an exchange. Like any transaction.
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eagerpace
53 days ago
I like this abstraction. If the baker says “I could sell 10x more if only I had shoes that allowed me to bake faster” then the cobbler says, “split the growth with me and I’ll craft you all the shoes you want.”
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groundzeros2015
53 days ago
The claim was circularity is evidence the business activity is fake.
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