Very simple.There was barter system in ancient time.It will come back.
I think still it is present.
Sometimes,we give some good to retailer to get another product.
I know it is not everywhere. Mutual Understanding is needed in this.
We do it,so,thatswhy i am saying here.
No,sanjeev. as no money is created so we have rich poor problem, differences, etc. But if not created also we will have some other problems.
As every stage of human as its level of problems
In the past,when money was not there,the exchange of goods was available. So,if money would not had created,this option would be there.
Human is been termed superior than any other creature on this planet,so any how those exchanges option would be there,if money was not created.
The primitive economy and barter system could prevail only if there were no industrialization and progress anywhere. If some countries only remained primitive, these would definitely be enslaved and may be even wiped out like Red Indians in American continent. The people in primitive stage would be considered as cattle by the more developed. So, if we did not adopt currency system we would be very backward and would be most probably treated like cattle by the advanced people. You have to progress for very survival.
G. K. Ajmani Tax consultant http://gkajmani-mystraythoughts.blogspot.com/
