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What will happen if there was no MONEY in this world? Watch

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    ^^^I just thought about it now and tbh i don't know what would happen...
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    We'd move to a barter economy
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    End of poverty.
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    Looters
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    We would begin by bartering and then come up with an object that is hard to create yet if you can create it, you can mass produce it and use that (money but a different form). In a way i suppose it'll be like fallout 4 with bottlecaps but instead use something a little harder to obtain.
    If you get what i mean, basically it wouldn't be long until we get the idea again
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    Bartering innit
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    Magic beans
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    It would be a free for all and everyone would rush to get as many resources as soon as possible!
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    Chaos.

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    Eventually we would create another type of "money" to exchange stuff.
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    The world has existed for far longer without money than with money.
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    We would have rep
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    (Original post by Conceited)
    Bartering then eventual move to money.
    That's generally it. In Pakistan you can still haggle in quite a lot of places, but increasingly a lot of places are fixed price. Not quite "bartering" but that's the end "product" ie: a fixed price
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    (Original post by SuperHuman98)
    We would have rep
    I'll trade your +9 for my +9...
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    (Original post by Sough38)
    End of poverty.
    It really wouldn't be
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    Originally, humanity had a gift economy. You gave something to someone and the tribe would expect you to repay it sometime later. If you don't repay even though you easily can, the tribe looks upon you badly. The gift economy is related to credit and debt.

    There has been no society in history which depended on bartering. It's always been a gift economy or money.
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    (Original post by tamil fever)
    ^^^I just thought about it now and tbh i don't know what would happen...
    gold, silver and copper would become the norm as a form of currency relative to products and the availability
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    (Original post by SuperHuman98)
    We would have rep
    one gem is 500k
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    We'd return to the stone age with barter economies.

    Actually, we'd just use other things for currency. It doesn't have to be printed money from a central bank.
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    (Original post by DrSocSciences)
    The world has existed for far longer without money than with money.
    Societies haven't, though. We've been using currency in some form or another for at least 4000 years.*
 
 
 
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