Friday, December 29, 2006

Barter: Live Efficiently And Survive

No species has survived that was not efficient or resourceful, i.e. the low cost producer of it's own needs. Relationships are more important than money and are cheaper. Therefore a barter system at the personal and worldwide level will prevail against all competing monetary schemes.

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1 Comments:

Blogger JoeSF said...

How is it possible to start a business without money? A big reason for the poverty in Mexico is the unavailability of capital. Without banks to make loans all the wealth lies with very few people.

Although it is not legal, barter transactions can be useful to avoid high income and sales taxes. A barter only system would lead to confiscation of property as the only means for those in charge of the government to collect taxes. This is what it was like in the Middle Ages when a person was lucky not to be a serf. There wasn’t very much currency around then either.

8:10 AM  

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