Skip to comments.The Barter Value Of Skills
Posted on 04/28/2012 2:26:45 PM PDT by blam
The Barter Value Of Skills
April 26th, 2012
This article has been generously contributed by Tess Pennington of Ready Nutrition. After joining the Dallas chapter of the American Red Cross in 1999 Tess worked as an Armed Forces Emergency Services Center specialist and is well versed in emergency and disaster management & response. You can follow her regular updates on Preparedness, Homesteading, and a host of other topics at www.readynutrition.com.
Recently, we talked about the necessity of learning skills to aid us in a survival situation. Dont underestimate the value of those skills for barter. If the grid goes down, people may be left with no access to medical care, serious gaps in their knowledge or the inability to repair vital items. If you possess those abilities, your skills will be in high demand.
In the situation of economic collapse, there will be a revival of the barter system. To barter means to exchange your goods or services for someone elses goods or services. To complete a satisfactory barter transaction, each person must desire something from the other party. Despite the potential of desperation, its morally imperative to be fair to the party that is most in need. Remember that one day, that person who is most in need may be you.
Right now, if something breaks, the replacement is only as far away as the closest Wal-Mart. However, in the event of an economic collapse or a disaster that causes the trucks to stop running, it wont be easy to replace broken items. The ability to repair broken items will be in very high demand. It will be a rare skill, because we live in a world of planned obsolescence. Few people actually know how to repair an item in a sturdy and long-lasting way.
Brandon Smith of Alt-Market calls this about bringing back the American Tradesman:
If you wish to survive after the destruction of the mainstream system that has babied us for so long, he says, you must be able to either make a necessary product, repair a necessary product, or teach a necessary skill. A limited few have the capital required to stockpile enough barter goods or gold and silver to live indefinitely. The American Tradesman must return in full force, not only for the sake of self preservation, but also for the sake of our heritage at large.
Check out Brandons excellent article on the barter system here.
There is no limit to the skills that could be used in a barter situation. Some examples would be:
First Aid for traumatic injuries Sutures
Teaching skills to adults like knitting, gardening, machine repair, etc.
Mechanics skills: the ability to fix solar generators, small machines, automobiles, etc.
Other repair skills: the ability to repair tools, woodstoves, plumbing, etc.
Making soap and candles
If the grid goes down or the economy collapses in a long-term way, gone are the days of making your living doing IT work or ringing through purchases at the grocery store. You will need to become not only self-sufficient, but a provider of goods or services.
Consider what abilities and knowledge you possess that can be shared with others. Nobody can do it alone there is always going to be something you need that you cant provide for yourself.
Buy David Gingery’s books.
I have 9 of those listed skills.
Play blackjack for grains of rice.
When you win, bump up the stakes to pinto beans.
When you win, bump up the steaks.
Good article over here, K.
Hmmm. That means I should hoard rice, pinto beans, and decks of marked cards....
I have 12 skills on the list,plus a few more not listed.I still don’t feel like I’m prepared for what’s surely coming.
Many established people have been busybodies, rumor mongers and false accusers against the property rights and other civil rights of their neighbors. No contracts with them. They and anyone doing jobs for them will be on their own.
Heck, I'm not even sure where my teeth are right now.
The author forgot what will probably be the single most sought after skill set:
We put back enough ingredients for pretty near 50 gallons. I reckon we are going to be right popular when the SHTF.
Legally, in the US, every adult is allowed to brew 250 gallons of beer. I know some homebrew guys that keep enough materials on hand for 1000 gallons. And they aren't preppers. ;)
50 gallons is enough to get things going, trade for other stuff, additional ingredients, etc. I’m mostly limited by the number of E-Z cap bottles we have. Those things are not cheap.
And we are adding to our stash as we can. Other items are taking priority right now, mostly those of the brass and lead persuasion.
And food. And more medical supplies....
And I’d be really polite to those thousand gallon home brew folks if I were you. LOL
“Heck, I’m not even sure where my teeth are right now.”
LOL! Mine are MIA, too.
"I have 12 skills on the list,plus a few more not listed.I still dont feel like Im prepared for whats surely coming."
Mathew 6:33 But seek first his kingdom and his righteousness, and all these things will be given to you as well.
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