|
" BARTER DOLLARS "
There are three basic kinds of monetary systems used in the past and today:
A) Fiat B) Commodity C) Barter
Fiat (latin for "let it be done") is the most widely used, followed by commodity trades (precious metals, fruit, vegetables, coffee, soy beans, etc) and then bartering. Barter has been in use for thousands of years. People traded animals, wheat, eggs, etc. for what they needed. That worked just fine, but what if the other person didn't need what you offered, or have what you needed, there was no deal.
As a member of the Barter Trade Exchange, this problem is eliminated, you don't have to trade with the same person, sell to one, buy from another.
The second issue is that of money (fiat). You don't have to spend cash, you use "Barter Dollars". Barter dollars are obtained in three ways; First, you sell goods or services and get paid in barter dollars. Second, the Exchange buys goods and services from you with barter dollars. Third, obtain a zero interest credit line in the amount you need. Repay in twelve months with goods and services, not cash.
|
|
