!!! Overview [{$pagename}] (derived from baretor) is a system of [Exchange] in which participants in a transaction directly exchange goods or services for other goods or services without using a [medium of exchange], such as [money]. Economists distinguish [{$pagename}] from gift economies in many ways; barter, for example, features immediate reciprocal exchange, not one delayed in time. [{$pagename}] usually takes place on a bilateral basis, but may be multilateral (if it is mediated through a trade exchange). In most developed countries, [{$pagename}] usually exists parallel to monetary systems only to a very limited extent. Market actors use [{$pagename}] as a replacement for [money] as the method of exchange in times of monetary crisis, such as when [currency] becomes unstable (such as hyperinflation or a deflationary spiral) or simply unavailable for conducting commerce. !! More Information There might be more information for this subject on one of the following: [{ReferringPagesPlugin before='*' after='\n' }] ---- * [#1] - [barter|Wikipedia:barter|target='_blank'] - based on information obtained 2021-10-16