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  2. Barter - Wikipedia

    en.wikipedia.org/wiki/Barter

    In trade, barter (derived from bareter [1]) is a system of exchange in which participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money. [2]

  3. List of community currencies in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_community...

    Blue Money Brattleboro, Vermont, and Chesterfield, New Hampshire; BNI Delaware, Pennsylvania, Maryland, New Jersey; Disney dollar Disneyland and Disney World; Fourth Corner Exchange Pacific Northwest; RiverHOURS Columbia River Gorge (Inactive) Potomacs (Started: 2009) Location: Washington, D.C., suburbs of Northern Virginia and Maryland [1]

  4. Non-monetary economy - Wikipedia

    en.wikipedia.org/wiki/Non-monetary_economy

    A moneyless economy or nonmonetary economy is a system for allocation of goods and services without payment of money. The simplest example is the family household. Other examples include barter economies, gift economies and primitive communism. Even in a monetary economy, there are a significant number of nonmonetary transactions.

  5. Mutual credit - Wikipedia

    en.wikipedia.org/wiki/Mutual_credit

    Since the money supply is elastic, the problem of inflation (too much money in too small economy) should never happen in a mutual credit, and if it does, it indicates a failure of governance. Some systems allow the 'house' account unlimited spending, and this destroys the equilibrium, resulting either in inflation, or in recession.

  6. Countertrade - Wikipedia

    en.wikipedia.org/wiki/Countertrade

    Countertrade also occurs when countries lack sufficient hard currency, or when other types of market trade are impossible.. In 2000, India and Iraq agreed on an "oil for wheat and rice" barter deal, subject to United Nations approval under Article 50 of the UN Persian Gulf War sanctions, that would facilitate 300,000 barrels of oil delivered daily to India at a price of $6.85 a barrel while ...

  7. Monetary system - Wikipedia

    en.wikipedia.org/wiki/Monetary_system

    The alternative to a commodity money system is fiat money which is defined by a central bank and government law as legal tender even if it has no intrinsic value. Originally fiat money was paper currency or base metal coinage, but in modern economies it mainly exists as data such as bank balances and records of credit or debit card purchases, [3] and the fraction that exists as notes and coins ...

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    mail.aol.com

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  9. Money - Wikipedia

    en.wikipedia.org/wiki/Money

    For example, between two parties in a barter system, one party may not have or make the item that the other wants, indicating the non-existence of the coincidence of wants. Having a medium of exchange can alleviate this issue because the former can have the freedom to spend time on other items, instead of being burdened to only serve the needs ...