Blog
An insight on how the U. S. conducts business these days.
It is a slow day in the East Texas town of Madisonville.
It is raining, and the little town looks totally deserted. Times are tough, everybody is in debt and everybody lives on credit.
On this particular day a rich tourist from the East is driving through...
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Barter both as a form of direct trade, and as a book-keeping entry, has been around much longer than the current “fiat” money that operates in society today. “Barter Dollars” today are essentially commodity-backed money, something which has been in existence since time began.
The origin of barter [commodity-backed] money requires goes back to the beginning...
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Please allow me to take you back to the 1984 Summer Olympics. Head of the U.S. Olympic Committee, Peter Ueberroth bartered the promotional value of his Olympic logo for a mass of products and services needed by his staff and athletes. United Airlines provided free transportation, Buick the use of 500 autos, Fuji Film 250,000...
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Not a day goes by without my hearing or reading about economic, credit, or cash flow problems. That’s what happens when you work in the barter industry. Thankfully it is very refreshing to be able to talk to people I meet about the solution and not just agree with them and be part of the...
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Barter both as a form of direct trade, and as a book-keeping entry, has been around much longer than the current “fiat” money that operates in society today. “Barter Dollars” today are essentially commodity-backed money, something which has been in existence since time began.
The origin of barter [commodity-backed] money requires goes back to the beginning...
Read More »