The barter system is something that the first world has all but forgotten in the present day. Thinking about transactions in which there is no money changing hands, just goods, is something that is beyond the scope of a normal American’s thinking capacity. It feels alien, and it feels wrong. However, some people are getting ready for this sort of situation already without knowing it, when they buy gold in an IRA or a retirement plan of another kind.
The fact of the matter is that bartering existed up until quite recently. In fact, it was probably completely eradicated when the Native American people stopped trading with the settlers, which was about 80 to 100 years ago (which isn’t long at all). Without this system of trade and transaction, there would have been a lot more people killed by nature, especially during the freezing cold winters that covered most of the country (this was before global warming reared its ugly head).
It’s coming back and here to stay
The more we try to deny it, the more real it is: the barter system is about to make a comeback on a global scale. The economy is evidence enough to attest to this fact. The rate of the dollar is plummeting to all-time lows, while the prices of essentials like food and medicines are rising every day. In addition to this, the national debt is on a meteoric rise to God knows what. All of these point to only one outcome: the introduction of an alternative exchange system like the barter system to allow the economy to get back on its feet.
In order to make sure that you are ready to make good on the economic system that is about to be introduced to the human race yet again, you need to be able to prioritize the goods so as to get the most out of the system. There are certain items that you should place emphasis on stockpiling when you can, as soon as possible in order to be as prepared as you can be for the eventual collapse of the market and the economy.
The essentials are essential
Water filters are among the most important. The first thing you need to do is learn the basics of water filtration. There are methods in which you can make your own water filters at home. This will better help you understand the way in which a common water filter works. In countries which don’t have the best water supply systems from the government, clean drinking water is going to be a top priority. If you have the means to make this happen, your goods are going to be in high demand.
In addition to water filters, you need to find a source of food. The best way to do this is to buy up huge amounts of the seeds used to grow tomatoes and other food plants. This way, when everything else goes down, you will still have a way to produce food, or even trade the packets of seeds at a premium in order to get some pretty useful items for yourself. Food and water are the basics of life.
10 other useful barter items
In addition to the bare essentials for survival, there are a few other things that you will be happy to have when the barter system is implemented once more. 10 of the most useful groups of items among these include:
1 – Alcohol, cigarettes and coffee
2 – Lighters, fuel and candles
3 – Batteries and flashlights
4 – Medical kits, aspirin and painkillers
5 – Guns, ammunition and weapons
6 – Tools like machetes, plows and farming equipment
7 – Building materials (mortar, bricks, wood, steel)
8 – Non-perishable canned foods
9 – Female hygiene products
10 – Bear Grylls’ book on survival
Master these and you will have broken the barter system.