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" "Readers will immediately divine that this was written before the advent of the credit card. After this invention grasped commerce in its clutch, Marchbanks found that unless he had one he was without Fiscal Credibility; if he had no debts he did not exist. Modern man is a debtor, or he is nothing, and money becomes more and more illusory.
Robertson Davies CC (August 28 1913 – December 2 1995) was a Canadian novelist, playwright, critic, journalist and professor.
Biography information from Wikiquote
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The novels and poems which proceed from writers in the grip of this barren pessimism are of the kind which make narrow moralists fume, and use words like "decadence"; the writers rejoice, because making narrow moralists (who are usually frightened people) hop with rage is a sign that they have hit a mark, and they do not understand how poor and easy a mark it is.