JimBowie1958
Old Fogey
- Sep 25, 2011
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- #61
Are garage sales and yard sales part of the economy in you view? They are in my mind, but they are minor, though growing with help from Ebay and Amazon.There hasn't been an economy without a commercial sector on this planet since the days of Feudalism. Are you suggesting we start castle building?
Underground commodity economies in precious metals, coins, collectors items, antiques, guns and even Tide detergent are bartered all the time. I cant even find an estimate on all that barter economy. But then how do you make an estimated value of something that involves no cash? I'm sure the IRS can toss something up for that, lol.
But 'dumb barter' is huge, otherwise people could survive the impacts of gross hyperinflation or hypo-inflation as banks-governments mismanage their fiat currency systems.
I also think it will help ease the transition to the coming Technological Utopia, lol, that is going to arrive one day.
The only question is really how many bumps and potholes we hit along the way.