Reggie Bautista wrote: > The skills don't even have to be rare or highly prized. Does time > spent performing triple-bypass open heart surgery have the same value > as time spent flipping burgers at a fast food place, or the same value > as teaching kids to read and write, or the same value as someone > repairing pot-holes in the street? > We have a system here called BarterCard, where this operates. I might set up a computer network for someone and not get paid, but get credit in my barter account. When I need a plumber, he comes out and I lose credit in my barter account. The credits are more like money than time (going against the thread title) in that market competition applies to the amount of barter credit applied to any particular task/service. A central company takes a percentage as a service fee for keeping track of it all. The main advantage of course is that no income shows on your tax return, and the scheme has fallen dramatically in popularity since the tax office took more interest...
Cheers Russell C.
