Quote:
Originally Posted by theking
Well...there is...or at the least was...at least two very small towns in California...one of which use a barter system as well as U.S. currency and another town that prints its own money which is used as barter...as well as U.S. currency. Both towns do so because of lack of jobs in the community. The people manage but for the most part are very poor. I don't view it as being practical outside of a very small community that is barely managing survival.
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well, under a cashless bartering system everyone involved would be saw by us as poor.. because the production of the little trinkets that make our present way of life what it is would be very difficult to produce among a small localized economy. ipad? impossible. electricity? pretty god damn difficult. running water, television, medication all that shit would be out the window.
the definition of "wealthy "would have to be revised. that much is for sure.