Random Thought For the Day
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Why couldn't we just trade favors instead of implementing a monetary system and placing a price on everything?1
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I don’t understand why people driving care so much if someone wants to drive faster than them.
They will speed up just to be obstructionists.
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Why couldn't we just trade favors instead of implementing a monetary system and placing a price on everything?
A barter system is an old method of exchange. This system has been used for centuries and long before money was invented. People exchanged services and goods for other services and goods in return.
(these days sometimes called "working under the table")
Governments frown on this since it is does not contribute to the tax base needed to maintain infrastructure and bureaucracy . Hence governments created a standardized monetary system so all transactions must flow through their cash registers at some point.1 -
Why couldn't we just trade favors instead of implementing a monetary system and placing a price on everything?
A barter system is an old method of exchange. This system has been used for centuries and long before money was invented. People exchanged services and goods for other services and goods in return.
(these days sometimes called "working under the table")
Governments frown on this since it is does not contribute to the tax base needed to maintain infrastructure and bureaucracy . Hence governments created a standardized monetary system so all transactions must flow through their cash registers at some point.
Bartering's taxable because there's monetary value, of an item/service.0 -
ComicSundae wrote: »Why couldn't we just trade favors instead of implementing a monetary system and placing a price on everything?
A barter system is an old method of exchange. This system has been used for centuries and long before money was invented. People exchanged services and goods for other services and goods in return.
(these days sometimes called "working under the table")
Governments frown on this since it is does not contribute to the tax base needed to maintain infrastructure and bureaucracy . Hence governments created a standardized monetary system so all transactions must flow through their cash registers at some point.
Bartering's taxable because there's monetary value, of an item/service.
True, but so much goes unreported.1 -
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ComicSundae wrote: »Why couldn't we just trade favors instead of implementing a monetary system and placing a price on everything?
A barter system is an old method of exchange. This system has been used for centuries and long before money was invented. People exchanged services and goods for other services and goods in return.
(these days sometimes called "working under the table")
Governments frown on this since it is does not contribute to the tax base needed to maintain infrastructure and bureaucracy . Hence governments created a standardized monetary system so all transactions must flow through their cash registers at some point.
Bartering's taxable because there's monetary value, of an item/service.
It can be...but only if records are kept and reported. Someone does drywall work in exchange for say...some computer repairs. The parties involved agree the barter is equitable. No records. There is no third party. What the authorities can't prove...they can' t tax.0 -
Our “mall” is essentially a Planet Fitness with a humongous, well kept, structure attached. That happens to contain a few random stores.3
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Our mall is laughable. It has a dollar store, an auto parts store, a gym, and at the end is Job Lots. There have been so many stores in and out of that place....J.C.Penny's is closing this month, we had Sears, Fashion Bug, Hallmark store, Radio Shack, and many more. All history. You can't even walk around inside anymore due to Covid. Lots of people walked during inclement weather.3
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Our mall is laughable. It has a dollar store, an auto parts store, a gym, and at the end is Job Lots. There have been so many stores in and out of that place....J.C.Penny's is closing this month, we had Sears, Fashion Bug, Hallmark store, Radio Shack, and many more. All history. You can't even walk around inside anymore due to Covid. Lots of people walked during inclement weather.
When I’m in the mood I watch YouTube channels that go into abandoned or nearly empty malls. Ours would be perfect for that. 🙈0 -
No matter who does it,
no matter who says so,
I will never agree.
Ever.4 -
The kindness of strangers never fail to amaze me4
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Our “mall” is essentially a Planet Fitness with a humongous, well kept, structure attached. That happens to contain a few random stores.
The shopping malls of the 80's & 90's are quickly becoming a thing of the past.
The trend now is towards mixed use developments - retail / housing / business
Personally, I prefer a traditional downtown, shopping district.
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Motorsheen wrote: »Our “mall” is essentially a Planet Fitness with a humongous, well kept, structure attached. That happens to contain a few random stores.
The shopping malls of the 80's & 90's are quickly becoming a thing of the past.
The trend now is towards mixed use developments - retail / housing / business
Personally, I prefer a traditional downtown, shopping district.
Definitely. Or moreover....Amazon. I think it’s more than just a trend though.
They like to say “shop local” but they make our downtown really inconvenient to shop at honestly. And unfortunately. We still try though for some things.0 -
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