If all the currencies in the world did not have monetary value and all countries switched to a barter system, would Earth be a much better place?
Barter is great unless you want a chicken but only have a sheep to trade. But the guy with the chicken doesn’t want a sheep and only wants a cow. So now you have to trade 5 times to get him the cow. Not great
Bartering functionally eliminates secure savings.
Think shopping is bad now? Long lines?
Imagine going to the grocery store and negotiating your transaction with the cashier.
Now imagine everyone doing it at the same time.
And how many items or animals would you have to barter to buy something large,
That sounds terrible.
Bartering is fun and all, but there is nothing that works as simply as money does. It’s an easy transaction.
We’ve gotten so many things by barter.
....i don't see how a barter economy could support a modern American standard of living...
I’ll grill some steaks and bake some cookies to pay my mortgage any day.