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The Return of the Barter Economy, Swapping Eggs for Toilet Paper
- Small businesses turn to online barter exchanges to save cash
- ‘What do you have in your fridge?’ Neighbors get organized
Source: Bloomberg
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Since the beginning of March, unattended folding tables have begun popping up at intersections and the end of people’s driveways, offering everyday goods like rice, a jar of jam or bread. Take what you need and leave what you can, the signs say.
Barter, the trade system prevalent in the Middle Ages, is back in the time of coronavirus pandemic, with a modern twist.