Shave and a Haircut – 2 Eggs

Source: thedailycoin.org

For an explanation of the title, back (even before my time) there was this saying that went ‘shave and a haircut – 2 bits’, I think 2 bits was a quarter. What’s taking place in Venezuela has gotten so money is pretty much irrelevant and produce is king. This is exactly what happens when a country goes into hyperinflation, money goes irrelevant.

According to Fabiola Zerpa, a haircut now costs 5 bananas and 2 eggs. When a country’s economic system fail, people will revert back to the basics. Here is an except from Bloomberg’s ‘Life in Caracas’ series; “The other day, I made a baguette for parking swap. I had time but, as usual, no bolivars. The attendant at the cash only lot had some bills but no chance to leave his post during the fleeting moments the bakery nearby put his favorite bread on sale. The deal: he let me leave my car, and I came back with an extra loaf, acquired with my debit card. He reimbursed me – giving me a bonus of spare change for my pocket”. A perfect example of bartering.

The point is that if / when this comes to your hometown, your best tools are your ability to grow food and / or have some viable skills. Gardening will provide you with not only something to eat but also a commodity to trade. Simple skills can also be bartered; skills like fixing a car, cutting hair, hunting and simple first aid will become a viable bartering tool.

It may seems unrealistic when you still have a semblance of normalcy but just look at Venezuela, it took just a few months for it to go from a normal functioning society to shambles. It is very possible that it could happen in your hometown. Learning skills, how to do things and becoming a little self sufficient will never be useless even if you don’t need to use it.

Source: thedailycoin.org

About the author: outwalking

Life time student

outwalking

Good for you. I wish you a bountiful harvest.

7 months ago
thedawn

nice fruit

7 months ago
thedawn

have good profit

7 months ago