Replying to Avatar Twisha

That happens with every economic system, where any transaction takes place, creating the inevitable disparity. When a group saw industrialization they realised the plight of poor and came up with idea of socialism, and it worked till it became bogus, because no matter how you were to twist the rule, someone will stay out of the system. This is something every one should accept.
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Scott 2y ago

How does this connect to bartering? I don’t understand.

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Twisha 2y ago

There cannot be a transaction if my friend doesn't want the stuff I am willing to offer. What if there is not enough quantity, and he wants more?

A transaction takes place when there is a little compromise or traction from normal course. The only point left after compromise is charity, which too comes with a limit.

Any limitation that can be applied on barter can be applied on currency.

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Scott 2y ago

I am just trying to say that 'medium of exchange' is one way that money is more helpful than bartering. It seems like you are trying to make a different point.