Throughout history, people have returned to the barter system when money has become scarce or lost its value. During the Great Depression and a long recession during the 1980s, Americans returned to a system in which people traded goods and services without the exchange of currency. Many Americans are losing faith in the American dollar and believe economic collapse is inevitable. Only time will tell if that will happen, but David A. Stockman, former Republican Congressman and President Ronald Reagan’s budget director has said, “The future is bleak.” If our paper money becomes meaningless do you know how and what to barter?
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