Recently by Tess Pennington: Chia Seeds: A Tiny Powerhouse forSustainability
Recently, we talked about the necessity of learning skills to aid us in a survival situation. Dont underestimate the value of those skills for barter. If the grid goes down, people may be left with no access to medical care, serious gaps in their knowledge or the inability to repair vital items. If you possess those abilities, your skills will be in high demand.
In the situation of economic collapse, there will be a revival of the barter system. To barter means to exchange your goods or services for someone elses goods or services. To complete a satisfactory barter transaction, each person must desire something from the other party. Despite the potential of desperation, its morally imperative to be fair to the party that is most in need. Remember that one day, that person who is most in need may be you.
Right now, if something breaks, the replacement is only as far away as the closest Wal-Mart. However, in the event of an economic collapse or a disaster that causes the trucks to stop running, it wont be easy to replace broken items. The ability to repair broken items will be in very high demand. It will be a rare skill, because we live in a world of planned obsolescence. Few people actually know how to repair an item in a sturdy and long-lasting way.
Brandon Smith of Alt-Market calls this about bringing back the American Tradesman:
If you wish to survive after the destruction of the mainstream system that has babied us for so long, he says, you must be able to either make a necessary product, repair a necessary product, or teach a necessary skill. A limited few have the capital required to stockpile enough barter goods or gold and silver to live indefinitely. The American Tradesman must return in full force, not only for the sake of self preservation, but also for the sake of our heritage at large.
Check out Brandons excellent article on the barter system here.
Tess Pennington joined the Dallas chapter of the American Red Cross in 1999 Tess worked as an Armed Forces Emergency Services Center specialist and is well versed in emergency and disaster management and response. You can follow her regular updates on Preparedness, Homesteading, and a host of other topics at ReadyNutrition.com.