Economy
See other Economy Articles
Title: Battered by Economic Crisis, Greeks Turn to Barter Networks
Source:
New York Times
URL Source: http://www.nytimes.com/2011/10/02/w ... er-networks-surge.html?_r=2&hp
Published: Oct 1, 2011
Author: RACHEL DONADIO
Post Date: 2011-10-02 11:24:33 by lucysmom
Keywords: None
Views: 60258
Comments: 90
VOLOS, Greece — The first time he bought eggs, milk and jam at an outdoor market using not euros but an informal barter currency, Theodoros Mavridis, an unemployed electrician, was thrilled. The barter network in Volos has grown to 400 members. “I felt liberated, I felt free for the first time,” Mr. Mavridis said in a recent interview at a cafe in this port city in central Greece. “I instinctively reached into my pocket, but there was no need to.” Mr. Mavridis is a co-founder of a growing network here in Volos that uses a so-called Local Alternative Unit, or TEM in Greek, to exchange goods and services — language classes, baby-sitting, computer support, home-cooked meals — and to receive discounts at some local businesses. Part alternative currency, part barter system, part open-air market, the Volos network has grown exponentially in the past year, from 50 to 400 members. It is one of several such groups cropping up around the country, as Greeks squeezed by large wage cuts, tax increases and growing fears about whether they will continue to use the euro have looked for creative ways to cope with a radically changing economic landscape.
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
Comments (1-50) not displayed.
.
.
.
#51. To: mininggold (#50)
Please. The University of Phoenix doesn't do dissertations or projects.
Message found in a fortune cookie: Society creates the crime; the criminal commits it.
"You post articles- intellectual excrement, really- that support your inane, insipid mentality, on a regular basis. Capitalist Eric
Efficient? That's a strange definition of efficient. Before the Fed and "income" taxes, such events were measured over a few short years. Now they're *decades* long. Really? Check this out. List of recessions in the United States "You post articles- intellectual excrement, really- that support your inane, insipid mentality, on a regular basis. Capitalist Eric
This is why so many on this forum populate my bozo list.
Never swear "allegiance" to anything other than the 'right to change your mind'! How do you get that out of what I said? Are you nutso?
Notice that I got no answer to the question?
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Is it just me or does that happen a lot?
"You post articles- intellectual excrement, really- that support your inane, insipid mentality, on a regular basis. Capitalist Eric
Hey man, legends in their own mind don't have to answer no stinking questions. ;-D It's the second childhood technique of forum management at work; Stone does it well.
WHAT SPACE PROGRAM!!! That's the only thing Owe-bama is NOT spending like a drunken sailor on!!!
We wouldn't have those things (Depressions / Recessions / Inflation) if we had honest money not based on the false "Progressive" Debt / Usury money creation system of the FARO RESERVE BANK and the International Banksters. And before you tell me there is not enough gold for traditional honest money, I already know that. I'm not talking about gold (most of which is owned by the same international "Progressive" bankers that gave us the FARO RESERVE BANK in the first place). I'm talking about a plan for honest money based on the production of AMERICAN MADE GOODS AND SERVICES that will restore jobs to this country based on a version of the Government Social Credit and Private Barter systems that I will be releasing shortly.
Her link just showed otherwise.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Her link just showed otherwise. Thank you. I'm glad somebody notice the link.
"You post articles- intellectual excrement, really- that support your inane, insipid mentality, on a regular basis. Capitalist Eric
lucysmom: Efficient? That's a strange definition of efficient. Then I suggest you read "Wealth of Nations," by Adam Smith. It'll teach you what you've thus far failed to learn. lucysmom: Really? Check this out. List of recessions in the United States en.wikipedia.org/wiki/Lis...rly_recessions_and_crises I knew you wouldn't be able to resist. :) Look at the duration of recessions prior to 1913, when the Federal Reserve came into power. After only 16 years, they'd done enough to inflate a financial bubble, to cause the stock market crash of 1929, starting the Great Depression, which lasted until the USA got involved in WWII (first building war supplies ~1939-1940, prior to Pearl Harbor). The Fed-instigated bubble and subsequent bust, lasted at least ten years. [The breaks that wiki allege are as real as the current claims that the last recession "ended" in 2009; i.e., completely absurd.] This latest Depression really started in 2005, when the GDP went into negative territory, and further spiralling down. We're almost into 2012- so we're currently at 6+ years of a Depression. Go back and look at the durations of financial recessions/depressions that occurred, prior to having a centralized bank. Compare that to those, after. The results are crystal-clear. Thanks for playing, loon.
DUMMY DwarF: ...I'm eating a meatball... The question answers itself.
DUMMY DwarF: ...I'm eating a meatball... The stock market crash's cause was non traditional sources of lending, i.e. margin accounts at brokerage houses which allowd millions of dollars of stocks to be purchased for as little as a dime on the dollar. Sound familiar? Hostory just repeated itself inthe hosueing market. Fractional banking, in the traditional banking sector, was actually a by- product of the Great Depression, not the cause of it.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
There you go posting nonsense again. I've already refuted the "methodology" that Williams used to force GDP into negative territory. You CANNOT strip out some government spending while allowing some to remain. The government is a consumer and its spending has ALWAYS been a part of both GDP and the GNP before it.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Even so, Long Depression 1873–96 has the Great Depression beat by 12 years. From the link: The average duration of the 11 recessions between 1945 and 2001 is 10 months, compared to 18 months for recessions between 1919 and 1945, and 22 months for recessions from 1854 to 1919.
"You post articles- intellectual excrement, really- that support your inane, insipid mentality, on a regular basis. Capitalist Eric
Really? The panic of 1873 resulted in a Depression lasting 5 1/2 years. "In 1879, the United States returned to the gold standard with the Specie Payment Resumption Act." In other words, when the government was forced OFF fiat-money, the Depression ended. Well, that DEPENDS now, doesn't it??? Since we all know the government has been actively COOKING the books since 1983, it would stand to reason that your quoted numbers don't really hold water. If you want to prove the above quotes, I'm certainly interested in reading the data... But from my perspective, the line that the Fed has minimized the frequency and magnitude of economic downturns (their supposed "mission") doesn't pass the sniff-test.
DUMMY DwarF: ...I'm eating a meatball... 1. The Long Depression was the first international depression 2. The money supply contracted as money was takes out of circulation in preparation for return to the gold standard; that resulted in depressed prices 3. As alway, look for fraud and speculation In short, the factors contributing to the Long Depression are many and too complex to be attributed to fiat currency alone.
"You post articles- intellectual excrement, really- that support your inane, insipid mentality, on a regular basis. Capitalist Eric
Perhaps. I'll give that one to you, as I'm not really inclined to get in a whizzing match over this particular time in history.
DUMMY DwarF: ...I'm eating a meatball... You anti-capitalist commies and statists will soon sow what you've reaped... Once we inevitably turn to a One World cashless society with a "currency" called "credits," bartering shall become the new underground economy and "black market." People will be audited and/or arrested for compensating their lawn mower/snow shoveler neighborhood kids in....hot cocoa. It is a dark and foreboding future indeed.
"It's not surprising, then, they [White Pennsylvanians] get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations." ~ Comrade-in-Chief Barry Hussein 0bama
In times of socialist-created disaster, what other choice is there?
"It's not surprising, then, they [White Pennsylvanians] get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations." ~ Comrade-in-Chief Barry Hussein 0bama
These are the two things you can always bank on. And currently we are overrun with their practitioners.
Taking from someone against their will to give it to someone else is socialism. Helping people through your free will and good heart is just good behavior. BULLSEYE. Where do you get these goofy ideas at? From her Workers Party meetings and her Commie Quartet bridge club??
"It's not surprising, then, they [White Pennsylvanians] get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations." ~ Comrade-in-Chief Barry Hussein 0bama
Once we inevitably turn to a One World cashless society with a "currency" called "credits," bartering shall become the new underground economy and "black market." People will be audited and/or arrested for compensating their lawn mower/snow shoveler neighborhood kids in....hot cocoa. It is a dark and foreboding future indeed. So, what brand of snake oil are you selling today?
Yeah, MY first thoughts about a forced barter system in the aftermath of an inflationary currency that devalues the value of work is about "Gold." *eyeball roll* I suppose you'll be trading in all your gold for "barter credits"?
"It's not surprising, then, they [White Pennsylvanians] get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations." ~ Comrade-in-Chief Barry Hussein 0bama
Were you howling at the moon while posting this or just howling at your monitor...just because? What will YOU be bartering as value when your currency won't pay your Gilbey's tab?
"It's not surprising, then, they [White Pennsylvanians] get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations." ~ Comrade-in-Chief Barry Hussein 0bama
As usual, you miss the point. Gold is as arbitray as any other method for measuring *value*. People could exchange goods and services for rocks if they can argee upon a congruent value for such an exchange.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
What will YOU be bartering as value when your currency won't pay your Gilbey's tab? Your favorite brand brought up for the hundredth time. I should have known that you are a spokes-thing for them. Actually in my area, bottles of wine are used for trading quite regularly. I last traded two bottles of Silver Oak to the guy who butchered and wrapped some of my beef.
My favorite cab. Have you had the 2007 yet? It was released a few weeks ago...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Have you had the 2007 yet? It was released a few weeks ago... I don't drink wine. One of their chefs gave me some bottles in trade.
Aha...
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
He said the vintage hadn't been officially released yet, so I assume it was that year's. I wish red wine didn't give me such a big headache.....
Gold has been "arbitrarily" regarded as a standard of wealth by ALL civilizations since the beginning of time. Maybe it's in our DNA. That's not going to change, but hey, I'm only the piano player.
"It's not surprising, then, they [White Pennsylvanians] get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations." ~ Comrade-in-Chief Barry Hussein 0bama
Yea so?
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Yea so? I was responding to your goofy comment: "This is what gets me about the gold bugs. ANYTHING has intrinsic value even if that value is 0." So what point are you making to the forum?? That you're annoyed by those who dare recognize gold as a universal and tangible standard of wealth instead of "0bama-credits"?
"It's not surprising, then, they [White Pennsylvanians] get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations." ~ Comrade-in-Chief Barry Hussein 0bama
That GOLD is a [reactionary] solution looking for a problem.
America...My Kind Of Place... "I truly am not that concerned about [bin Laden]..." "THE MILITIA IS COMING!!! THE MILITIA IS COMING!!!" I lurk to see if someone other than Myst or Pookie posts anything...
Once we inevitably turn to a One World cashless society with a "currency" called "credits," bartering shall become the new underground economy and "black market." People will be audited and/or arrested for compensating their lawn mower/snow shoveler neighborhood kids in....hot cocoa. I am not anti-capitalist, I am pro what works. All systems that I know about are flawed. Capitalism's "business cycle" is a flaw. It hurts people through no fault of their own sort of like the rapacious gods of old who, from time to time, demanded human sacrifice to keep the "cosmos" well oiled and working efficiently. As for the cashless society stuff leading to total enslavement and loss of privacy, where have I ever, even remotely advocated a cashless system? For the rest, I would look to those who promote systems like the FairTax, or as writers on the mises.org site puts it "the permission to live tax".
"You post articles- intellectual excrement, really- that support your inane, insipid mentality, on a regular basis. Capitalist Eric
They are too confused to answer that question.
"You post articles- intellectual excrement, really- that support your inane, insipid mentality, on a regular basis. Capitalist Eric
From her Workers Party meetings and her Commie Quartet bridge club?? From Jesus in the Bible.
"You post articles- intellectual excrement, really- that support your inane, insipid mentality, on a regular basis. Capitalist Eric
So whose work are you planning to steal for your doctoral dissertation or research project?
#52. To: war (#41)
Who is the criminal?
#53. To: Capitalist Eric (#40)
They are an intrinsic part of an efficient market, in that misallocations of resources are cleared out.
#54. To: war (#47)
You NEVER discuss the topic.
#55. To: mininggold (#38)
So you think it's currently legal for one to abandon one's patients?
#56. To: lucysmom (#52)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#57. To: war (#56)
#58. To: war (#56)
"Notice that I got no answer to the question?"
#59. To: lucysmom (#32)
The FARO RESERVE BANK!!! 
#60. To: lucysmom (#33)
The FARO RESERVE BANK!!!
#61. To: Coral Snake (#60)
We wouldn't have those things (Depressions / Recessions / Inflation) if we had honest money not based on the false "Progressive" Debt / Usury money creation system of the FARO RESERVE BANK and the International Banksters.
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#62. To: war, Coral Snake (#61)
We wouldn't have those things (Depressions / Recessions / Inflation) if we had honest money not based on the false "Progressive" Debt / Usury money creation system of the FARO RESERVE BANK and the International Banksters.
#63. To: lucysmom (#53)
Capitalist Eric: They are an intrinsic part of an efficient market, in that misallocations of resources are cleared out.
Capitalist Eric: Before the Fed and "income" taxes, such events were measured over a few short years. Now they're *decades* long.
Capitalist Eric: Foreplay before the president's staff?
http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=24347&Disp=35#C35
#64. To: A K A Stone (#55)
Are you nutso?
Capitalist Eric: Foreplay before the president's staff?
http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=24347&Disp=35#C35
#65. To: Capitalist Eric (#63)
(Edited)
After only 16 years, they'd done enough to inflate a financial bubble, to cause the stock market crash of 1929
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#66. To: Capitalist Eric (#63)
This latest Depression really started in 2005, when the GDP went into negative territory, and further spiralling down. We're almost into 2012- so we're currently at 6+ years of a Depression.
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#67. To: Capitalist Eric (#63)
After only 16 years, they'd done enough to inflate a financial bubble, to cause the stock market crash of 1929, starting the Great Depression, which lasted until the USA got involved in WWII (first building war supplies ~1939-1940
#68. To: lucysmom (#67)
Even so, Long Depression 1873–96 has the Great Depression beat by 12 years.
From the link: The average duration of the 11 recessions between 1945 and 2001 is 10 months, compared to 18 months for recessions between 1919 and 1945, and 22 months for recessions from 1854 to 1919.
Capitalist Eric: Foreplay before the president's staff?
http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=24347&Disp=35#C35
#69. To: Capitalist Eric (#68)
The panic of 1873 resulted in a Depression lasting 5 1/2 years. "In 1879, the United States returned to the gold standard with the Specie Payment Resumption Act." In other words, when the government was forced OFF fiat-money, the Depression ended.
#70. To: lucysmom (#69)
the factors contributing to the Long Depression are many and too complex to be attributed to fiat currency alone.
Capitalist Eric: Foreplay before the president's staff?
http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=24347&Disp=35#C35
#71. To: lucysmom (#0)
(Edited)
#72. To: lucysmom (#1)
Oooo - people helping each other - socialist.
#73. To: lucysmom (#69)
3. As alway, look for fraud and speculation
#74. To: A K A Stone, lucysmom (#7)
#75. To: Liberator (#71)
You anti-capitalist commies and statists will soon sow what you've reaped...
#76. To: war (#2)
This is what gets me about the gold bugs. ANYTHING has intrinsic value even if that value is 0.
#77. To: mininggold (#75)
So, what brand of snake oil are you selling today?
#78. To: Liberator (#76)
I suppose you'll be trading in all your gold for "barter credits"?
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#79. To: Liberator (#77)
Were you howling at the moon while posting this or just howling at your monitor...just because?
#80. To: mininggold (#79)
I last traded two bottles of Silver Oak
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#81. To: war (#80)
My favorite cab.
#82. To: mininggold (#81)
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#83. To: war (#82)
Aha...
#84. To: war (#78)
Gold is as arbitray as any other method for measuring *value*. People could exchange goods and services for rocks if they can argee upon a congruent value for such an exchange.
#85. To: Liberator (#84)
Gold has been "arbitrarily" regarded as a standard of wealth by ALL civilizations since the beginning of time.
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#86. To: war (#85)
Gold has been "arbitrarily" regarded as a standard of wealth by ALL civilizations since the beginning of time.
#87. To: Liberator (#86)
So what point are you making to the forum??
--GW Bush
--Sarah Palin's version of "The Midnight Ride of Paul revere"
#88. To: Liberator (#71)
You anti-capitalist commies and statists will soon sow what you've reaped...
#89. To: mininggold (#75)
So, what brand of snake oil are you selling today?
#90. To: Liberator, A K A Stone (#74)
Where do you get these goofy ideas at?
Top • Page Up • Full Thread • Page Down • Bottom/Latest
[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Mail] [Sign-in] [Setup] [Help] [Register]