Monday, July 28, 2014

Money a form of indirect exchange replased barter because of the problems associated with barter as a means of the direct exchange discus the historic development of money?

Money a form of indirect exchange replased barter because of the problems associated with barter as a means of the direct exchange discus the historic development of money?
I have heard tales of ancient Roman wartime, currency was created as it was just to difficult for soldiers to carry around chickens and beans around to swap for what they needed.

Of course, we have all bartered at one time or another. Barter is the one-on-one exchange of a product or service with another country, vendor or person.

In today's economy, I wish that we were all bartering. One could receive solid product that maintained its value, and trade it when wanting something different, rather than depending on the value of paper money that holds a promise of some value in the global community, but is not reliable in today's market.

Jacqui Macy
Past Director
Universal Currency Clearinghouse, IRTA

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