Let's talk about the future of bartering

1. If you ever had to live on the streets you understand the actual way to survive is through bartering.
2. Most people are unaware of the reason why Biden wants to increase the IRS personal with weapons of mass destruction. The reason mainly for it is that bartering in case you don't know it is actually taxable. There was a bartering company on Sunset Blvd back in the 70's. I happen to have known the owner and actually worked for his company.
3. silvertaxgroup.com...
4. The unknown of the in's and out's of why bartering is the future and not bitcoin and other coins like that. Only the government can and will control MONEY and take in taxes.
5. Seeds and fruits and all garden edibles are used for bartering and so is fish. You learn all this when you leave the front door of comfort and travel the world. Bartering is the FUTURE when money can't buy you jack sh$$ .

a reply to: musicismagic

I live in a rural area and bartering is pretty common.

Luckily I have some really niche hobbies that work well for bartering.

originally posted by: JAGStorm
a reply to: musicismagic

I live in a rural area and bartering is pretty common.

Luckily I have some really niche hobbies that work well for bartering.

Thanks for your positive post.

a reply to: musicismagic

That's funny MiM. I just made a comment in another thread about bartering. Especially if money goes full digital. Black market activity will hugely increase IMO.

Cheers

Bartering would probably work fine in smaller communities and rural areas but in the cities?

To go mainstream it's gonna have to have a REAL online element even then for every person with plenty of needed goods or services there are gonna be millions without tradeable skills or products.

www.moneycrashers.com...

originally posted by: F2d5thCavv2
a reply to: musicismagic

That's funny MiM. I just made a comment in another thread about bartering. Especially if money goes full digital. Black market activity will hugely increase IMO.

Cheers

People who aren’t used to bartering are going to have to learn quick. The bartering market isn’t the same as what they are used to with money. A dozen eggs might get you a jar of honey. Sometimes you lose some, but what you need is what you need so you take the loss etc. Some people overvalue their skills too. Those are going to be the hungry people!

a reply to: JAGStorm

Agree. People will have to think more locally again as well. Learn to know who is in the community and what they have and what they want.

Cheers

a reply to: musicismagic

Good thread, once watched a great documentary on the hyperinflation of the Bolivar in Venezuela but can't seem to find it.

Anyway some good info on there about barter and tobacco, coffee, batteries, food (especially flour) were high up on the list.


10 most sought items

Cheers.

originally posted by: F2d5thCavv2
a reply to: musicismagic

That's funny MiM. I just made a comment in another thread about bartering. Especially if money goes full digital. Black market activity will hugely increase IMO.

Cheers

Really, sorry about it. Was unaware of it. Well, here in Japan we have what they call " My Number ", I guess its like American Social Security number. My thoughts on this is already it is tied into our National Health Insurance program. The reasons for it is unknown by me. I think there is some talk about it when you see a doctor here and use your My Number card, that doctor will have all your medical records on his / her computer whether you live in Hokkaido or some off beat Island off of Okinawa. Digital currency in Japan will not work for at least another 20 years. Too many old folks do not have credit cards also. And with an expected 40 million tourist visiting Japan yearly, digital currency would have to be instigated before entering or at the ports of entry. Too difficult in my opinion for the time being. Now Hong Kong is almost all digital so who knows.

originally posted by: karl 12
a reply to: musicismagic

Good thread, once watched a great documentary on the hyperinflation of the Bolivar in Venezuela but can't seem to find it.

Anyway some good info on there about barter and tobacco, coffee, batteries, food (especially flour) were high up on the list.


10 most sought items

Cheers.

I also watched a documentary on the Bolivar. The one I watched the guy filming was talking about the price of a hot dog. He also showed how the rich are still going out to eat and enjoying life while everyone else suffers so much.

They also talked about things that were illicit that were high valued.. you know the usual stuff…

a reply to: musicismagic

It will probably be more of a gradual process. I think you're correct about Japan. Very traditional society; they'll change the form of money used slowly if at all.

Cheers

a reply to: putnam6

In a city, you get in with a group you trust and everyone in that group exchanges/works networks to get what is needed. Small community in the large.

No matter where you live, no matter what type of deal you're looking for, the network goes like this, "A good friend of mine, his brother in-law, knows a guy that has that item." Then it becomes what does the good friend, the brother in-law, and his friend want to get you what you want.

Come to think of it, this was the network that Radar on M.A.S.H. used to get what they needed at the camp.

originally posted by: ketsuko
a reply to: putnam6

In a city, you get in with a group you trust and everyone in that group exchanges/works networks to get what is needed. Small community in the large.

But who supplies the food? In a rural area, this is much easy for one you can grow your own food and livestock, chicken pigs, etc. Much easier to trade manual labor for necessities in a rural or farm area. LOL depending on how far civilization breaks down it could be somewhere between a Little House on the Prarie and Mad Max Beyond Thunderdome with a Bartertown and Aunty Em.

For lack of a better word, there would likely be loads of microtransactions with the majority of time and effort spent either growing food, working to acquire food, or securing your food supply. Mason jars would be a hot commodity, but so would gold, silver, and other precious metals or jewels.

Sooner or later your number one expense would be food and securing your supply.

a reply to: putnam6

Again, that's what the networks are for. You hope that someone in your network knows someone, knows someone, etc.

It's all about relaying your goods and services to a net of people through word of mouth working from a group you can trust to stick together and have your back. Alone, you get taken; with a group, you have some security to stand with you and wider reach.

It will be imperfect and there will be things in short supply everywhere. I imagine that sooner or later, you'd see a re-alignment of poeple into communities that are closer to self-sustaining and can then afford to be suspicious of outsiders.

I've been bartering on and off for years, I can imagine the need for it will increase. This in my opinion, is where having a decent set of skills and knowledge will be helpful. Knowing how to cook/bake,grow food, sew/crochet/knit, raise chickens, auto repair, home repair, basic plumbing and so on. I look around my home and think, if I had no money or if things went to hell, could I repair that thing. Do I know someone who could and if so, do I have a tradable skill. It's probably a good thing to learn all sorts of skills and be self sufficient so that you have something worthy of being bartered.