By Mac Slavo - SHTFplan.com
As the Greek economy succumbs to the debt crisis and individual Greeks are made poorer each day through austerity measures and job cuts, many have begun resorting to traditional bartering as a way to make ends meet and at the same time increase their involvement with neighbors and their general community.
Services being bartered include anything from language classes and babysitting to hand cooked meals and daily labor.
Greece, referred to by many as the canary in the coal mine of the ever-worsening global economic crisis, is a perfect example of how communities will respond during monetary, fiscal and political chaos. Use their example to your benefit, because similar circumstances will take place in the U.S. and other industrialized Western nations in due time.
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Before We Knew Money
By Professor Richard Pankhurst - Capital (Ethiopia)
Trade in Ethiopia before the coming of money, was largely carried out, as we saw in a previous article, on the basis of barter and non-monetary exchanges. These were often performed with the aid of commodities such as salt or iron which economists have dubbed “primitive money”.
This form of business was noticed in the early 16th century by the Portuguese priest-traveller Francisco Alvares. He reports that commerce at markets mostly took the form of non-monetary exchanges, that is to say, “the bartering of one thing for another, “as for instance a donkey for a cow”. The individual whose articles were of less value would make up the difference by giving the person with whom he was exchanging “two or three measures of bread or salt”.
Elaborating on this type of exchange which was at that time virtually unknown to his Portuguese readers, Alvares explained that with bread people obtained cloth, and with cloth they obtained mules and cows, and whatever they wanted, including salt, incense, pepper, myrrh, camphor, and other small articles. Chickens, and ”whatever they need or want” were likewise obtained in the markets “in exchange for other things”, for there was “no current money” in the country.
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Bartering Is Back: How Can It Work For You?
By Marlene Alexander - Wallet Pop Canada
Bartering is simply the trading of goods and services without the use of money. It's been around since time began, though modern society has largely shunned it in favor of the tried-and-true cash system.
If you happen to see something you would like to trade for that hasn't been offered, don't be afraid to ask. The worst that can happen is the person will say "no."
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Img #1: SodaHead Poll (Would Society Be Better Without Money? - by Blonde Rebellion)
Img #2: Blog Seguindo os Passos da História ("Following the Steps of History" Blog)
Img #3: Wallet Pop Canada