Man in Blue Top Giving Box to Man in Gray Top

“Give me what you got.”

fair exchange

Throughout human history, man has had a variety of methods of exchanging goods and services. And one of those methods was the barter system. You give me this for that, without the use of a consistent price tag. The price for this bag of potatoes is $5.00, but I you only have $3.00. Well how about this, give my the $3.00, and we’ll see what we can negotiate with that. Meaning, I will give you what amounts to $3.00 worth of potatoes. This way you get something and I do as well.


Does the barter system hurt the economy? And the answer to that question is both yes and no. No the economy is not hurt because there is always a constant buying and selling of goods. Also, instead of putting items back on the shelf, you’re selling. And now the inventory that would otherwise be thrown away is used to some degree. The problem with the barter system is that it’s difficult to gauge how strong your currency is in a country. Because you’re paying with a negotiable price, money is not always reported, so it’s hard know the strength of your country via GDP.

small markets

I have stated earlier from posts that America has roughly 19,300 cities and towns. Now, the majority of those places are not major cities, but small towns and cities. And a lot of these places are in markets where jobs have shipped overseas. So is there any possibility that the barter system could work in these places. Because a lot of places are dying because of a lack of job growth. They could use the barter system. Now tell me something, what do you think?

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Author: faheemjackson44

I am from Racine, Wisconsin where I was raised until I graduated high school back in the year 2006. That entire time growing up in my mother's house, I was a student athlete. My goal was to embark on a general business career or athletics. But injuries through sports stopped a sports path, so I decided upon business with a focus in marketing. While attending undergraduate school at University of Wisconsin-Parkside, I began to write screenplays in my senior year. At first it was for fun, but I quickly learned writing allow me to transfer negative energy into characters I created. This led to a decrease in depressing mood swings, which in turn boosted my quality of life. After undergraduate school in May of 2011, I move to New York City for graduate school. While pursuing my MBA, I continued to write screenplays, but always wanted to write novels as well. I finished graduate school back in the year 2014, but wrote screenplays until I began thinking of my first short film, first First Day Fears. While finishing my fifth feature length screenplay, I started to write my first novel this year. So far, I have finished my first short film and working on my next one (Freedomless Speech), and recently self published my first novel (The Boy Who Could Talk To God) and short stories book (Faheem Jackson Short Story Collection Volume 1). My feature length screenplays have been put on temporary hold to finish my short films and books, but I am making good progress on my sixth feature length screenplay. With year 2017 ending, I am currently writing my novel Precinct 86 and Faheem Jackson Short Story Collection Vol. 2. I have started teaching myself photography since 2018, along with my videography, podcast later on, and more research for my filmmaking.

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