Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Maine Mariner

There was a barter system among professionals in the DC area back in the 80s/90s. For instance, an architect could barter office or home remodeling for a dentist who worked on his family’s teeth. Someone ran the program and figured out relative values. Worked pretty well.


21 posted on 06/10/2011 7:39:56 PM PDT by EDINVA
[ Post Reply | Private Reply | To 10 | View Replies ]


To: EDINVA

I am not surprised. After a few trades I think most people would figure out the value of one good in terms of another, especially since each one would be providing one of the goods and not just currency.

I am sure the barter system in DC was set up to avoid taxes, whether income or sales.


26 posted on 06/10/2011 7:45:07 PM PDT by Maine Mariner
[ Post Reply | Private Reply | To 21 | View Replies ]

To: EDINVA

There are still barter ‘clubs’. My cousin’s daughter works for a printing company. The owner belongs to a barter club and is always giving her stuff that he traded work for....tickets to Magic Mountain, Seaworld, etc. That is just the stuff he gives her family.


32 posted on 06/10/2011 7:56:26 PM PDT by sheana
[ Post Reply | Private Reply | To 21 | View Replies ]

To: EDINVA

A now rich Russian business man set up a similar exchange when their currency went to pot.


46 posted on 06/10/2011 8:49:30 PM PDT by tbw2
[ Post Reply | Private Reply | To 21 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson