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Old November 21st, 2013 #20
Henry.
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Joe, what is your opinion on barter trade? Jews HATE how they can't fix rates or prices on a moneyless market.
We already have in place a system of barter that works perfectly well when managed for the benefit of producer and consumer, but not for the benefit of the usurer as, unfortunately, is the case today.

We are all happy to give and receive money in exchange for goods and services. Money isn't wealth it's a claim to wealth. A universally accepted commodity that solves the unavoidable problems of demand, availability and divisibility which has always hampered the process of barter sans money. That is the only purpose of money. It is something that can be exchanged for anything.

Legal tender currency is the perfect good. It is wanted by all and is accepted by all. It is easy to produce, free of interest and commission, in quantities sufficient for all of our wants needs, once productive capacity is met.