Greeks embrace bartering to survive economic collapse — and soon, you will too

PersonalLiberty.com ^ | 23SEP2015 | Sam Rolley

[PROCON]

As the Boy Scouts say: Be Prepared.

[SaveFerris]

bkmk

[2banana]

Governments hate the barter system because it is very hard to tax.

So expect government interference at every turn.

The ultimate barter - gold coins, silver coins, whiskey, cigarettes, tools, etc.

[SaveFerris]

FYI

[Tax-chick]

gold coins, silver coins

Can't eat them, can't put them in your gas tank, can't kill your enemy with them, can't diaper your baby with them ...

So their utility is ...?

[BobL]

“The system equates one tradepoint to one euro, and lets users barter directly or rack up the digital currency...”

Sounds more like a replacement for the Euro. While we preppers like to fantasize about a barter economy, the reality of it is very unlikely to take place. For example, if I have extra toilet paper, but want (or need, whatever) cigarettes - am I going to go door-to-door in my neighborhood trying to find someone that both needs toilet paper and has cigarettes to spare. Sure those people exist, somewhere, and hopefully they’re home when I ring their doorbell. There’s a reason that currencies have been around for thousands of years and will be around for thousands of years into the future.

Bottom line - have cash around, even if you have goods to barter. Better yet, have gold and silver around too. But don’t expect to feed your family very effectively by trying to find people that will barter rice and meat for your extra Size 9.5 shoes...they’re just not that easy to find.

[RedHeeler]

barter- experience, meds, experience, experience, experience...

[MNnice]

Coffee
Ammunition (9mm .223)
bottled water
silver coins

[2banana]

So their utility is ...? BARTER???? Just like as discussed in the article?

[central_va]

Ok in a low/no government situation barter will be king, You may not take gold and silver but many, many will. It is easier to carry few coins in your pocket to travel 50 miles to get homemade penicillin than carry 20 60 pound sacks of flour. The choice is yours.

[laplata]

Thanks!

[Tax-chick]

In the event that we’re reliant on barter, who would barter something useful for something useless?

[2banana]

In the event that we’re reliant on barter, who would barter something useful for something useless?

Because in the history of barter - gold and silver have always been traded and have never been worth zero.

There are plenty of other things to barter too.

[Lazamataz]

I am so screwed.

[Tax-chick]

If we’re trading gold and silver, then we have a monetary system, not a strict barter economy. The definition of money is, “A medium of exchange, or a store of value,” independent of the item’s practical use. Gold and silver have some practical uses, but those will be no more relevant in a total economic collapse situation than will be the decorative value of cowrie shell.

[SaveFerris]

Yes.

Hence Ezekiel 7:19.

https://www.biblegateway.com/passage/?search=Ezekiel+7:19&version=KJV

[Tax-chick]

Exactly. When things go really, really, really bad, all that matters is what you can eat, or burn, or kill with.

[Arlis]

Wonder why a lot more of the tech-savvy Greeks aren’t going to Bitcoin........???????

[SaveFerris]

Right in line with my 3 preps - food, BBQ supplies and a reasonable 2A. Can’t cover every situation but some effort is better than none, IMHO.