Showing posts with label TEM. Show all posts
Showing posts with label TEM. Show all posts

Wednesday, April 18, 2012

Greek Town Develops Bartering System

If bankrupt Greeks can use "TEMs" as an alternative currency in the world of barter, then it's not much of a stretch to imagine gold and silver as viable currencies--with a much longer history than any other current paper currencies.  As I've blogged in the past, during times of war and/or financial crisis, whiskey and cigarettes were legitimate currencies.  In American prisons, cigarettes and postage stamps are traded as money.  Please watch this video.


http://youtu.be/RI38zFz9WTM