Many prepper fiction novels eventually get to a point where there is a barter economy or the characters visit a Trading Post. For instance, a trading post plays a prominent role in Mark Goodwin’s series, Seven Cows, Ugly and Gaunt: A Post-Apocalyptic Saga of America’s Worst Nightmare. In the novel, the characters use silver to purchase the necessary items to survive and make life easier. Goodwin’s novel is a post-apocalyptic EMP story. The poop has really hit the fan in this one!
Can you teach a skill like canning or cooking from scratch? Food staples will be more readily available than the processed food many are used to buying at the grocery store and fast food. And although many in the preparedness community know how to can and cook from scratch, your common everyday American doesn’t. They wouldn’t know what to do with flour, eggs, and a little oil.
While it may be free, there is no one monitoring the barter ads, so you must be aware of potential Craigslist scams, and realize that you are always at risk when it comes to meetups and exchanges. For example, about a year ago, I arranged to trade massage gift certificates for housecleaning. Since the individual was coming to my home, I was more nervous than usual. However, she offered good previous references, and we arranged for a time to meet when my husband would be home, in case an odd, unexpected, or even dangerous situation arose.
Adam Smith, the father of modern economics, sought to demonstrate that markets (and economies) pre-existed the state, and hence should be free of government regulation. He argued (against conventional wisdom) that money was not the creation of governments. Markets emerged, in his view, out of the division of labour, by which individuals began to specialize in specific crafts and hence had to depend on others for subsistence goods. These goods were first exchanged by barter. Specialization depended on trade, but was hindered by the "double coincidence of wants" which barter requires, i.e., for the exchange to occur, each participant must want what the other has. To complete this hypothetical history, craftsmen would stockpile one particular good, be it salt or metal, that they thought no one would refuse. This is the origin of money according to Smith. Money, as a universally desired medium of exchange, allows each half of the transaction to be separated.
To try a time bank, search online for one in your local area using TimeBanks.org. How time banks are managed varies according to the region, so it is important (and often mandatory) to attend an initial meeting that explains the general rules of your local chapter. Once you do this, you’re ready to start trading away. Your services and contacts are identified through the local time bank website.
Especially prior to the Christmas holiday season, a gift and craft exchange can take the pinch out of your budget. Contact people within your network and arrange a day where people exchange homemade holiday decorations. You may not find everything you’re looking for, but you will likely find at least a few stocking stuffers – and the perfect price.
PaperBack Swap is exactly what it sounds like: a place to swap paperback books. Currently, more than half a billion books are available for trade on the site. Just list the books you don’t want anymore and other members will find them. When someone requests one of your books, you just mail it out and then choose any available book that you want to receive. Swapping is easy, and membership is free.
Since the 1830s, barter in some western market economies has been aided by exchanges which use alternative currencies based on the labour theory of value, and which are intended to prevent profit-taking by intermediaries. Examples include the Owenite socialists, the Cincinnati Time store, and more recently[when?] Ithaca HOURS (time banking) and the LETS system.
Check online swap markets and online auctions that have a bartering component such as Craigslist.com (check under "For Sale" for the Bartering category), Swapace.com, SwapThing.com, Barterquest.com, U-Exchange.com, Trashbank.com and Ourswaps.com. Check for local bartering clubs. Your local Chamber of Commerce may be able to provide you with information on similar clubs in your area.
@matthewc23 - I love being able to barter for things. You mentioned that you don't really have any specialized skills, but you would be surprised. Depending on your profession, think about any special training you have that a normal person wouldn't have. Some people would be willing to trade for that service. Even things you wouldn't normally think of as being services could be useful to someone else.
Need a ride? Zimride is a ride share service which members use to set up private networks for sharing rides and saving money. Most cars fit four people, yet we usually commute by ourselves. Why not share the burden of car ownership and resource consumption? Centered around hundreds of colleges and universities, you can probably find a ride almost anywhere you need to go near campus.
Bartering is the exchange of goods or services. A barter exchange is an organization whose members contract with each other (or with the barter exchange) to exchange property or services. The term doesn't include arrangements that provide solely for the informal exchange of similar services on a noncommercial basis. Usually there's no exchange of cash. An example of bartering is a plumber exchanging plumbing services for the dental services of a dentist.
Bartering is the process of obtaining goods or services by direct exchange without the use of currency. In times of economic instability or currency devaluation, it can be a great way to ensure the flow of necessary items and services into your household without using precious funds. Historically, face-to-face exchanges between familiar parties were most common, but the Internet has opened up a new medium for bartering opportunities for both person-to-person exchanges and third-party facilitated transactions.
But in real-world scenarios, like in Venezuela, Greece, and Argentina, the fabric of society is still intact. Society hasn’t unraveled like it did for Selco in Bosnia. In those countries, people still go to work (if they have a job), go to school and life goes on, although it really sucks! In these cases, bartering will be a little easier, safer and more readily available as society is intact.
Kids sure do grow out of their clothes rather quickly, and that’s where ThredUP comes in. They set up a cool shop for parents to swap clothing and toys with other parents whose kids are different ages. You can pick up a box full of clothes or toys for just $5 plus shipping, or post your own child’s used clothing for other users to pick from. Membership is free for everyone.
But the thing is, EVERY economy has collapsed at one point or another. People who believe that it can’t happen in the United States of America are not critically thinking. It is a possibility! The economic fundamentals of the 2008 crash haven’t changed. In fact, the Powers that Be printed even more money. We are in even more debt! Many say we have an economic system that is not sustainable.
Barter, also known as counter-trade, is an accepted practice that makes trading more convenient for nations that have difficulty with currency conversion, as well as for nations with fewer financial resources but sufficient commodities. For example, if a country produces plenty of rice, that country may exchange it with another nation to acquire another type of grain, or fruits and vegetables. On the other hand, one country might trade foodstuffs for textiles or oil.
Barter-based economies are one of the earliest, predating monetary systems and even recorded history. People can successfully use barter in many almost any field. Informally, people often participate in barter and other reciprocal systems without really ever thinking about it as such -- for example, providing web design or tech support for a farmer or baker and receiving vegetables or baked goods in return. Strictly Internet-based exchanges are common as well, for example exchanging content creation for research.
Could you imagine having to barter for food and medicine for your kids? This is something that most Americans today can’t even wrap their heads around. Many will say that “it couldn’t happen here.” I highlighted some of the pain that Venezuelan’s were going through in this article, “This is Why We Prep! This is Why We Stay Aware!.” Make sure you watch the embedded video. That video is heart-wrenching! If you have kids, it will be enough to get you to rethink your preps!
As Orlove noted, barter may occur in commercial economies, usually during periods of monetary crisis. During such a crisis, currency may be in short supply, or highly devalued through hyperinflation. In such cases, money ceases to be the universal medium of exchange or standard of value. Money may be in such short supply that it becomes an item of barter itself rather than the means of exchange. Barter may also occur when people cannot afford to keep money (as when hyperinflation quickly devalues it).