The Next Big Thing: Barter

The signs are everywhere: Barter is going to be big.

For example:

Indeed, the Wall Street Journal just wrote an article entitled “Barter Fits the Bill for Strapped Firms“, which states:

As small businesses find it impossible to borrow money and customers are slower to pay bills, the barter economy is becoming a crucial way for many companies to find the cash they need to keep operating.***

In 2008, about 250,000 North American companies conducted barter transactions worth more than $16 billion, according to the International Reciprocal Trade Association, a nonprofit based in Portsmouth, Va., that regulates and provides standards for modern trade and barter-service companies.

And given the worsening depression, and the prospect of a devalued dollar, barter might become essential in the future. For example, a respected economist is recommending buying gold and bottles of booze to barter once bailout-induced hyperinflation makes the dollar worthless.

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  • http://www.blogger.com/profile/14832889157632754957 kenny’s sideshow

    This is what I’ve been seeing for a good while. Getting the word out locally that you are open for barter will bring out offers.

  • http://www.blogger.com/profile/09464394826506964361 Erik

    Alternative Money Systemshttp://www.community-exchange.org/misc/links.htmsearch for Local Exchange Trading Systemhttp://www.google.com/search?hl=en&q=local+exchange+trading+system&btnG=Google+Search&aq=1&oq=local+exch

  • http://www.blogger.com/profile/09497507069437968509 Desikan

    Barter can indeed work ..Paper currency (and the printing press ) are the ultimate house of cards. Chinese might call it ponzias they would have to buy more USD to receive interest for prior investments. All made possible bycurrency. Barter would not allow that.Where was Rick Santelli when the banks and the execs that wrecked the world got close to 400 Billions?

  • http://www.blogger.com/profile/17800388409066311475 Dansac

    You can even barter for equity these days if you have a service a startup wants. There are places like Stock4services.com that connect you to startups.

  • http://www.blogger.com/profile/09464394826506964361 Erik

    GreenAmericaToday.org article on barter from 2005:http://greenamericatoday.org/pubs/realmoney/articles/barter.cfmAlso- Timebanks.org

  • http://www.blogger.com/profile/02256286748997560197 Cesare

    go to http://www.favorpals.com to do your bartering of services. not only great for bartering on an individual to individual basis, but perfect for small businesses too. it’s a great site.

  • Pingback: Today’s Links September 13, 2011 | JDreport news and more, Read between the headlines and wake-up.

 

 

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