The Barter Economy Returns

With trust in the world’s currency at an all-time low, bartering has reemerged as a possible solution to the credit crunch. All but forgotten, bartering predates any modern form of currency, and arose naturally in the ancient world as the primary means of economic exchange. Today, there are a number of barter systems in place alongside replacement currencies that operate on a local level in cities or small rural villages.

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BING SEARCH:
  • Bartering
    Bartering is the act of trading one good or service for another without using a medium of exchange such as money. A bartering economy differs from a monetary economy in a variety of ways.
    12/20/2024 - 1:04 am | View Website
  • Understanding Barter: Definition, Examples, and Significance
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    12/19/2024 - 6:09 pm | View Website
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