? Money vs. Barter | Characteristics of Money

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Information ? Money vs. Barter | Characteristics of Money

Title	:	? Money vs. Barter \| Characteristics of Money
Lasting	:	4.09
Date of publication	:
Views	:	235 rb

I love the way you explain
Comment from : @aryanrusty

Yep definitely😊
Comment from : @maryhunte711

3:30 Thanks econ clips ! And i thought my teacher was good at teaching this
Comment from : @maryhunte711

Mhmm 2:07
Comment from : @maryhunte711

Gold can be easily stolen from you by governments Harder to steal your cow!
Comment from : @ianstringer3391

I think she could grow some bananas
Comment from : @voornaam3289

0:01 proof that you are watching this at this time
Comment from : @Dopamine_Doctor

Money temporary, barter eternal🗿🗿🗿
Comment from : @sheepman7613

Cheerexchange (goods or services) for other goods or services without using money
Comment from : @Jason-o5s

dior in the club brtake it of in the club🎵
Comment from : @Yuri_471

Can you help me with the title or link of the next video he mentioned at the end? I cannot find it
Comment from : @sekousmiley9765

doge
Comment from : @HELLO-ee5ud

You must love Jehovah your God with all your heart and with all your soul and with all your mind and with all your strength You must love your neighbor as yourself Jesus the Anointed is Lord! Repent and be baptized and believe the Evangelism
Comment from : @earlrussell1026

This is really great! I used it in my class today! Thanks again and have a great day!
Comment from : @danielmulkern480

Think its wise to mention barter economies also bartered services on the long term to avoid such shopping nonsensebrbrIE : The baker could make a deal with the shoe maker like, keep my family shoed through the year in exchange for X ammount of bread per weekbrbrSuch work orders exchange still are less efficient than money but were a good way to eliminate much of the worst problems of direct good for good marketplace
Comment from : @antoinelachapelle3405

The societies working on the barter system you describe never existed Cool story though
Comment from : @gyorkshire257

Ancient wisdom
Comment from : @cherokeejames963

Was this inspired by Harari's example in Sapiens? 😂
Comment from : @ARIANAKLUYVERRODRIGUEZ

they all received shoes they didn't want or need she ended up with many children a horse ranch an apple orchard and bakery franchise
Comment from : @rollest3

Time actually doesn't exist after you leave the planet
Comment from : @XxLuciferzZ

Excellent method of teaching
Comment from : @marinatinshred

stupid video brthis is why we have technology; it literally streamlines the barter processbryet we are wasting time perfecting tech for a consumer/corporate control space sure buddybr"bartering is an ineffective system" okay, clown
Comment from : @siloporcen

Currency is for abusing the value of citizens It will always have fluctuating and subjective qualities that damage worth Barter is has much more stability The federal reserve prints currency infinitely and takes everything for you While barter forces two parties to provide value before any transaction There are many non-deteriorating commodities that can be exchanged for and not just gold or silver
Comment from : @hackmedia7755

This is just a thought experiment but how would an economy e/function if it’s currency was also a consumable In some video games that have that but if that was in real life how would economics be like?
Comment from : @madvulcan8964

So money has no value its imaginary with no real use
Comment from : @topking403

in the age of the internet, time inefficiency should no longer be an issue
Comment from : @saskeru9346

I 4jdidehidjs9dud8dudd88d
Comment from : @Ahmed_Khan_125

Not anymore
Comment from : @codybeasleydigsholes9575

Great video, now let's talk about gold backed or resource backed currency vs fiat currency
Comment from : @frugalmum7943

Basically: "Blah blah blah, we're pucking lazy"
Comment from : @yoshettetaxationistheft8779

he asked nicely so i subbed
Comment from : @Max-ky1fk

Can I use some of the clips here sir? For personal use only Thank you!
Comment from : @jongsaengnim

I feel like a combination of barter and money could work, but people would need to start producing their own goods again for that to happen
Comment from : @Akanio_Vatheros

I rate this video a 5/10, good editing and good explaining everything good but i still failed test
Comment from : @cowboyoliepic9286

Honestly, both have problems and are flawed
Comment from : @EmilyGloeggler7984

thank you for your explaining its very helpful for me
Comment from : @Mahra196

whos here from school
Comment from : @digitaltrappin

Taxation is theft government is playing left and right to enslave all tax slaves
Comment from : @jamesedwards1528

You explain is rlly well Thx!
Comment from : @amoghsanjeevi6039

Nice explanation!! Keep it up
Comment from : @jatinsakaria4088

Ty bro
Comment from : @QWERTY-f5p

two questions, does the IRS frown on bartering, and if so, why?
Comment from : @Smartmouthgamer23rd

Is anyone here because his teacher made him or her watch this reply me
Comment from : @SkiBru10

say at the end of vid "u fool if not make subscribbb"
Comment from : @AhmedSC

This would still work perfectly fine Only one thing stops this from being totally effective Some large group of people decided they own all the land under every activity that is done and requires a tax that's difficult to keep up with
Comment from : @nicholasp884

cool
Comment from : @tg1093

bag of weed? 😂
Comment from : @faheeta5036

me when lsm fart
Comment from : @orachurch

You meet people via barter Money is a lie and is bullshit Banks are going for control hence everything's going electronic and branches are closing so its a cashless system Think about it
Comment from : @rogerrabbit2174

"i never wear shoes in the summer" is wearing shoes
Comment from : @DustyAxe_Reacts

yes
Comment from : @abcxyz932

This is exactly the video I was looking for They way you exaplined how the shoemaker could not barter - and, for that matter no other villager could - any longer was FANTASTIC Thank you so much for making this video
Comment from : @albdim1

Barter could work if you used it with LOCAL CURRENCYbrbrBread worth 1 dollarbrGrain worth 10 dollarsbrShoes worth 25 dollarsbrCow worth 100 dollarsbrbrExchange Good for dollar valuebrNo GST/VATbrNo TAXbrNo internetbrNo banks
Comment from : @charliebrownau

A certain person in a certain country came up in the 40s with a money concept that the DOLLAR was based off HOURSbrwithout gold/silver and could be minted with Central banks or overseas groups/corporationsbrbrEconClips - Guess who that great person was in history
Comment from : @charliebrownau

3:26 What happens when the BANK transfer your nations GOLD to another NATIONbrand the BANK starts issueing notes in bigger amounts of phsyical gold and silverbr CENTRAL BANKS and USRY happens
Comment from : @charliebrownau

b5 Characteristics of Good Money:/bbr1) durablebr2) identicalbr3) portablebr4) divisiblebr5) maintains its value
Comment from : @lg4995

hello ECONCLIPS Am quite amazed by your presentation I currently subscribe to this channel and liked your video
Comment from : @JoyLordAUMNIMEDIA

Nice job, keep it up, your esplanation was superb
Comment from : @ajibolakafayat4116

You helped me so much!!!
Comment from : @alexagonzalez3256

Wow thank you so much
Comment from : @prathamjhurani894

Thank you for helping me understand this
Comment from : @dawngiangiulio7478

Wow
Comment from : @fifitansuri540

Not only that but yes we have technology today and shipment options ect Even local places that could barter or be a system of bartering The real issue lies in the fact that it is out of the way and difficult to live like this
Comment from : @Daddyvader7

Wasnt this a phineas and ferb episode?
Comment from : @dominicbitah7771

So if you believe it's in effective due to too many goods why not cut most of the goods out? Majority of goods aren't needed to exist or entertain
Comment from : @angry-white-men

Yes, if that moronic example is how a barter system would work it's true it would never work Luckily, that is not a real world example
Comment from : @jgrayblesser

we have planes trains and automobiles and bartering doesn't work because why
Comment from : @blakelee111

Continental Hotel on jonh wick do not agree with that
Comment from : @davidchristian8473

gold is divisible if 1 dollar correspondents to an atom I wonder what total money supply would be if it was based on this
Comment from : @bzz3624

I love how this is looking at things from such a clean slate, rather than just assuming money is a fundamental part of existence, as much as gravity or light It's an idea, one way things can (and have) been done, not a guaranteed aspect of reality
Comment from : @Aeroxima

Due to hyperinflation in Venezuela, barter has been a necessity for goods and services in the past few years among businesses and individuals both While money is still used, it has become impractical to use much of the time due to the loss of the value of their currency
Comment from : @yellowbird5411

Pobre bux c quedo sin amigos :,v
Comment from : @clorurodesimp

Good explanation You covered all the point with a better explanation
Comment from : @priyanktongar4916

Keynesian propaganda
Comment from : @Max-nc4zn

Everything has pros and cons including money vs bartering
Comment from : @garynaccarto8636

money does not maintain its value
Comment from : @cause1092

Gold anyone?
Comment from : @tomsbunk3790

today there is google and internet and why we still cant do barter ?
Comment from : @ibrahimraysidrr4609

Unless the unit of account is physical (eg 3 grams of gold for whatever) you can still debase/inflate under the gold standard All you need to do is change the peg/exchange rate, so the gold standard isn't the answer
Comment from : @stachowi

Money only works for the rich Id like to go back to bartering This money thing aint turning out to good
Comment from : @jimmyfaustjr6413

The barter system sounds like ass
Comment from : @icloptomlpporn4776

I disagree that bartering is ineffective The internet can make it very effective if designed the right way
Comment from : @maxdondada

What if every individual in a barter economy kept a spreadsheet of all the labor done by and all the needs of each individual?brSay, on paper or on a computer?
Comment from : @theultimatereductionist7592

Money depends completely upon societal trust Hence, money is a SOCIALIST or COMMUNIST conceptbrSo many conservative rightwing extremists miss this elementary point
Comment from : @theultimatereductionist7592