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Argentina points to the future by returning to the past

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Calvin Correli·Feb 18, 2002· 1 minute

Amazing. As the Argentinian economy has collapsed, people turn to trade goods for goods in a good old-fashioned barter economy, anno 2002. They even print their own “bank” notes, which are worth a lot more than the peso.

Maybe this can help us find a more humane way of doing business?

Along with nearly 500,000 other Argentinians in a similar situation, Ms Iglesias has joined one of the 800 “barter clubs” that have sprung up around the country, where haircuts are traded for psychoanalysis sessions, apple cakes for clothes. (From The Guardian)

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