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 Replies: 41 / Views: 5,042 |
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Pillar of the Community
United States
1064 Posts |
Not to mention, you're going to be under pressure as your fish gets old, amd may have to settle for less than you hoped for, or throw it out, for a loss.
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Bedrock of the Community
13014 Posts |
If were bartering its because everything has crashed and its doomsday preppers mode.
100 years from now there probably wont be cash and coins for everyday use or a minimal amount as everything will be electronic
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Bedrock of the Community
United States
36844 Posts |
Barter may work on a small scale in local economies but not nation wide. There will need to be some sort of national currency. We may see the dollar devalued by 100, 1000, 10,000 or more in order to wipe out the massive debt that can no longer be paid. Once devalued, it could be backed by gold, silver, and platinum. Everyone thinks gold moves in relation to the dollar. The dollar and other fiat currencies actually move in relation to gold. The dollar has not been around for 5000 years like gold has.
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Pillar of the Community
United States
1227 Posts |
@Everyone disagreeing with my sentiment: Sure, we'll still have currency on a passing level, because the only "hard currency" in barter is food, and as you guys pointed out, even that isn't universal--I'm not going to weed your garden for milk and cheese, because I'm lactose-intolerant, and you may not accept my offer of weeding your garden for chicken and bell peppers because you have one of those fancy bubble-gardens that does not grow weeds. You're not going to pay your factory workers in food and not have a revolt, because they'd have to choose between their precious food-pay rations and other life necessities.
However, I do believe that barter will become a substantial amount of our trade as the large corporations collapse under their own weight and we return to a small/local business model. Like I said, there was a point in time when I preferred to be paid in food and winter clothes because that was more valuable to me than whatever money you might offer. During that same period of time I edited a master's thesis for the following wage: $100 in cash to be paid upon completion, two meals, and a pair of jeans up front. Nominally this was for six hours' worth of work, but in reality it paid for about ten (I had to cross-reference her citations, etc. and we did not share a discipline). The cash paid for groceries, gloves, and new sneakers because the duct tape on mine was falling apart, but it was the meals and jeans that were most valuable to me--hence why I requested that payment first. If the dollar's current trend keeps up, that's going to be true for a lot of people.
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Pillar of the Community
Canada
3692 Posts |
LOL, if you want silver and gold to be accepted currency in the world you first have to abolish tax revenue agencies because they are the middlemen. You work to get paid, so what will happen when someone wants to pay you with something other than government money backed with promises and lies? You instantly become a white-collar criminal! PMs will most certainly be frowned upon by the media who works for these criminal enterprises.
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Pillar of the Community
Canada
3692 Posts |
@IndianGoldEagle: Yes, we must see the bigger picture, but the local counts for a LOT. Everything you do even at home is a small microcosm of the world. The small is a metaphor for things happening on the global scale. Sorry to generalize, but I've found this to have at least some truth in it.
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New Member
United States
23 Posts |
All of those coins that you thought were pointless... Suddenly would be valuable.
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Bedrock of the Community
United States
36844 Posts |
Dohmenator you are correct. History should not be ignored. Just a couple examples would be 1920's Germany, 1990's Argentina, 2000's Zimbabwe. Coins became far more valuable than their face value.
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Pillar of the Community
United States
2077 Posts |
Quote:
Barter? Are you kidding? The whole idea of currency is because barter is not very efficient mostly. I mean if I have some fresh fish, and want to trade half of them for some rice to make a sushi roll, then I am going to need to find someone else who has rice, and wants fish. Besides, who would want to go shopping carrying a box of fish! |
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Valued Member
United States
256 Posts |
Simpler household items could be like a currency in a bartering society... bars of soap, rolls of toilet paper, tubes of toothpaste, etc etc. Fish would be a less usual item in commerce.
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Pillar of the Community
United States
511 Posts |
The FRN has already gone through a slow motion crash. Today's "dollar" has (depending on the source) 3 to 5 percent of the spending power of a 1912 dollar.
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Replies: 41 / Views: 5,042 |
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Posted 07/26/2012 10:00 pm
