V. Voloshyn. Monetary debt as a form of human relationship.

Abstract

The article deals with the analysis of human relations if the domain of debt instruments. Factors, having impact on relations between debtors and creditors were listed. It was determined that the procedure of debt is, as a rule, an operation with a high degree of risk. Debt can be paid or can not. The degree of risk has many factors. But it is based primarily on psychology of relations between the parties. It was found out that debt instruments between social individuals were to some extent an alternative to banking system, being a system of financial relationship in the society. Monetary debts proved to be inseparably connected with the notion of financial obligations, presuming an objective necessity of simplified paying a certain amount by one individual to another, due to some obligation. The most frequent irregularity here is absence of one of these individuals in the taxation field. Such individual has no taxation duties. Such attraction of financial loans, plus its simplicity makes it popular and wide-spread, in spite of the risks, mentioned above. Such type of human relationship has always existed, and probably will exist, having but one limitation as the state does not gain any tax payments from such operations. A conclusion was made that debt relations between people could be the foundation of contemporary financial state of the society. It is impossible to talk about control over money. It is necessary to learn the fundamentals of such control, investigate objective regularities of business relations between individuals, establishing legal ways of their realization, it being the prerequisite of well being of contemporary society.