> to certain extent, it forces over-consumption behavior
isn't gift giving itself over-consumption? at least among peers, the other person would have just gotten the item themselves if they actually needed it.
> When my friends/colleagues try to gift for any occasion, I always encourage them to gift cash.
presumably you exchange gifts with these people on some sort of regular basis. if so, isn't this just a net zero transfer? may as well just not give gifts.
isn't gift giving itself over-consumption? at least among peers, the other person would have just gotten the item themselves if they actually needed it.
> When my friends/colleagues try to gift for any occasion, I always encourage them to gift cash.
presumably you exchange gifts with these people on some sort of regular basis. if so, isn't this just a net zero transfer? may as well just not give gifts.