We all know the debt dollar is a scam and many of us don't trust crypto.
I was thinking this: "Why not barter everything!"
If you run out of money, barter goods. Don't have goods? Barter services.
Then I got to thinking. What's a commodity anyone can make at home that can be bartered in any industry? Weed!
We can grow and barter weed. Anyone can grow it and it would be like printing money right in your own home. It is quickly smoked up so inflation is unlikely.
I recommend bartering with weed or anything but weed seems easier.
Also it is important to understand that when the banks shrink the money supply in any country, the economy slows down. Less people work because they don't want to work for free and less people consume because they can't afford to consume. They suffer and people stay jobless. However if they can barter anything and even grow what they barter at home, then the economy would never stop. It would always move forward. It only stops because the 1% hog up the loose capital and without capital in the general economic pool, the whole country slows down.
If you tie the value of something to an existing currency, the argument for bartering is weakened, and it's just admitting that you're better off using a currency in the first place.
Bartering makes sense in many cases where both parties have interest, but a currency offers far more flexibility when either side isn't interested in the goods the other side is offering.
Yes but when there is no currency, barter works well. Joe blow may not have $100 but he does have $100 worth of apples.
How would you get a value in currency ($100 worth of apples) if there is no currency?
We would still have money but barter is an alternative form of payment.
Agreed. Just to be clear: you know that bartering still goes on till this day, right? It's just not the de facto form of trade.
The purpose of barter is to replace the missing element of money. If there is no money to trade, barter works.
Not even if it's missing, as evidence by the fact that people still barter till this day.
If both parties have mutual interest in what the other is offering, then money isn't an obstacle, so lack of money doesn't even play a role in this scenario.
People don’t consider barter at all but I am trying to teach them because it is good for the economy. Trade is good.
They do, this is just one example: https://newyork.craigslist.org/d/for-sale/search/sss?query=trade&sort=rel