Authors introduce readers to alternative economies-where big deals and transactions take place with "trade dollars", and "cash equivalent credits". Author shows how important trading will become in... This description may be from another edition of this product.
Pretty interesting book, definitively worth a read.The book is very well written with easy to follow. Highly recommended. Deni Gueiros
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Published by Thriftbooks.com User , 24 years ago
This is as good an introduction to barter and money as you can find. It explains the concept in very simple terms and also gives you a background into the history of money and how paper currency issued by governments came to play such a pivotal role during the last two centuries. By reading this book one realizes " how shaky is the foundation of modern money". This may seem shocking at first but, on closer observation, looks very reasonable and he backs it up with specific examples. The impact of technology on money has been discussed as well. Some of the true stories on barter would be very useful to operators of small barter exchanges, especially the instances where local exchanges have flourished in spite of very adverse conditions solely on the integrity of their founders. The book would have even greater value if the authors had covered the tax consequences of barter transactions in more detail. Overall it is a very useful book for people wanting to enter the barter business.
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