What is Bartering?

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default What is Bartering?

Post  Admin on Tue Jun 04, 2013 9:31 pm


So what is Bartering?
Wikipedia would define it like so:
“Barter is a medium of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money.[1] It is usually bilateral, but may be multilateral, and usually exists parallel to monetary systems in most developed countries, though to a very limited extent. Barter usually replaces money as the method of exchange in times of monetary crisis, such as when the currency may be either unstable (e.g., hyperinflation or deflationary spiral) or simply unavailable for conducting commerce.” http://en.wikipedia.org/wiki/Bartering

" Basically You get what you want with out spending a dime, Instead you Trade and Swap items you no longer need or want. "


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