Will the pandemic bring back bartering?
As the global economy wildly fluctuates and suddenly out-of-work people struggle to pay the bills, can old-fashioned bartering make a comeback? It sounds like a joke at first: trading a couple rolls of toilet paper for a gallon of milk. But for the millions of Americans who are unexpectedly out of work and desperately waiting […]
The Return of the Barter Economy
In normal times, the roughly 200 barter exchanges in the U.S. let roofers fix leaks and get paid in restaurant takeouts or accounting services. With tens of millions of Americans under lockdowns, those cash-free trade systems are seeing an influx in participants.
When Cash Isn’t an Option — Trade
The use of barter and trade for goods and services in a COVID conomyMarch 2020 Ever wonder how business was conducted before today’s currency? Goods and services typically were paid for through an exchange of, well, goods and services provided by a neighboring business or individual. This, of course, is known as trade and barter, […]
(Visited 89 times, 1 visits today)