Activity Lesson 1

When I worked at a dispensary a few years ago we traded cannabis for ice-cream treats to a guy who drove a freezer delivery truck. It was friggin’ awesome.

Owning a small business is great for bartering because you can acquire items in bulk for cheap and trade some of them for other stuff that another small business gets for cheap, and you are cutting out the middle men and getting things for near cost, without having to buy an insane amount of it at one time.

As child I was trading gold founded in the forest for saucepan, so I can give it to my girlfriend and make her happy,
Now that I am thinking about it, she would probably have been happier with the gold

Describe a barter transaction that you’ve been a part either as a child or adult.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?

When I was younger, every halloween my brother and I would go trick or treating and collect large amounts of candy. This candy was used in a barter transaction. I once traded 3 snicker bars for a friend basketball. When I was a child this seemed like a fair trade, but looking back on it I got the better of the deal. I dont think it was a fair trade as the candy was consumed within minutes, however I used the basketball for years to come.

  1. Yeah i remember also how we exchanged digimon cards as a child. In school we exchanged cigarettes for a chocolate bar or something like that :grinning:
    In adulthood i exchanged 2-3cans of beer for a some weird glowing necklace(Like this weird things they sell at festivals), and i think it was a fair trade because we both were happy.

The first trades I remember doing in my life are surely the exchange of marbles.
I remember days full of challenges, wins and losses and a flourishing trading activity.
Looking back to those times I think that the professional activity of marble trader :slight_smile: was not always fair. Many times those who needed a quantity of marbles were forced to sell a “good” marble (rare or particularly beautiful) for a handful of worthless marbles. But in many cases common sense also prevailed.

As a kid I exchanged stickers of Marvel superheroes to finish my collection.
It was worth it.

Used FIFA album stickers for a children gambling game :smiley: otherwise, what didn’t we trade. I still barter sometimes because if I want something that a friend has and I notice I have something that they might need I always offer the trade :smiley: the exchange is fair only if parties are fair or if they are both good barters. But since there is a lot more negotiating involved and if you are shy you might get taken advantage of.

Hi all!

Something I bartered for just recently was a transaction with my aunt. My end of the deal was to invest her money into certain cryptocurrencies (redeemable at some undetermined point in the future), and she would in trade supply me with whatever Doterra essential oils I wanted. (It wound up being several hundred dollars worth just to begin with, and clearly she will make much more than that in return later on. ) We both think this is a very fair exchange. I have the tech skills to handle what she can’t, and she has access and the current funds to acquire what I currently couldn’t.

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Hi everyone!

When I was in elementary school I’ve bartered a Gameboy game card with a friend for another one.
He had a game I wanted to play, and I had the one he wanted.
Fair exchange and both parties happy.

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Back in elementary school a new product called silly bands came out, they were rubber band style bracelets that when laid flat would form a shape like a animal or object. Everybody had them and we would all trade amongst ourselves to get different shapes, ones we didn’t have or desired more. The trade seemed fair because at the end of the day all you were getting was different shaped bracelets.

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In my early childhood I can recall bartering sports cards for Nintendo video games, which turned out to be a great exchange!

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List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
- Exchange of chores as a kid… trading a task like cleaning the living room for mowing the lawn. Even though it is not a physical assest it is a trade.

  • And it was a excellent deal, since we prefered he oppisant tasks.

Another was: Trading a gumball for a playing card

  • Yes it was fair since it was agreed upon. Perhaps not always great trade for something that lasts minutes (gumball) for something like playing card that lasts years or longer.

For “fair” is really only based on the ‘value’ of something in the eyes of the individuals, and society of what you could have traded for it with someone else. And there is normally a discrepency on this depending on your location.

  • Ice and ater in the desert is more valuable ; then ice and water where both/either are plentiful.
  • Local needs, importance and scarcity (supply and demand) affect value. So trading at a distance was helpful.
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As a kid, growing up in a rural agrarian community in the early to kid eighties, I did not have much property to engage in barter trade, but I experienced many incidents of this through the family. My working brother specifically accumulated goats by trading a good pair of shoes or clothes. At casual glance, one would consider the trade skewed towards my brother, but the difficulty of getting shoes, accessing money to buy shoes made this trade somewhat fair to those in need of the items. It would be costly for rural folk to go to town and was most often intimidating. Of course the goats went on to multiply while the clothes would wear out. Such is the nature of goods and services, their value is agreed by merchants and buyers .

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Back when I was in elementary school, Pokemon cards were the big thing. Some were in it for collecting, others enjoyed the actual game associated with the cards. That drove a varying degree of demand for specific cards for different reasons.

I wasn’t much of a player in the game, I just thought they looked cool. I ended up trading a holographic Kangaskhan for a holographic Blastoise. Both parties walked away happy with the transaction, and our parents, who actually spent fiat on the cards when originally purchased, were none the wiser.

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The first thing that came to mind was bartering services; I’ll babysit your kids this Friday night then you can babysit mine next Friday night. It did seem like a fair exchange, and everyone involved was happy. We only bartered this way a few times. If it happened more frequently and with more people involved, there would need to be a lot more structure and accountability.

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I exchanged Magic: The Gathering cards for different Magic: The Gathering cards of similar fiat value owned by somebody else.

I thought it was a fair exchange as both instruments had a similar universal exchange rate and each part had the other person’s card as their want more than they had for their own.

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Describe a barter transaction that you’ve been a part either as a child or adult.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?

I have had a barter exchange in a way, where I fixed and restored a broken computer, in exchange of getting the brakes in my car repaired.

The Value of this trade is perhaps more based on as personal value for each individual involved in this trade.
At least I was satisfied with this trade.

I also remember when I was a kid, we used to be trading some kind of basketball cards of Nba basketball players, if that does count.
I collected Larry Johnson :smiley:
Guess I did trade some Jordans and Barkelys to add one or two LJs to my collection.
Perhaps today I might value some of these card trades slight differently :thinking:

I remember trading football stickers when I was a kid. I would trade the stickers that I already had for the ones I needed. If you had shiny stickers they were worth more than the plain stickers and were traded at a higher price. It was fair as everyone was agreeable on a group level. It almost became the standard.

The most trading I’ve ever done was as a child during my time in elementary school. The typical trading for food was an everyday occurrence and ensured that each individual at the table was able to get something that they desired. Other than that things started costing smaller amounts of money such as quarters or at most a dollar for things. Eventually, we evolved into needing money so our snack trade turned into snack carts. Where a single individual sold snacks to students as they were hungry between classes.

The only real bartering I could really remember is exchanging Yu-Gi-Oh cards. I felt it was mostly fair because everyone mostly agreed on exchanging non-rare cards and rare cards. Of course if you didn’t have any valuable cards to trade, you were out luck.

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