Monday, February 09, 2009

Trade you. Barter is back in Russia - International Herald Tribune

Trade you. Barter is back in Russia - International Herald Tribune: "Trade you. Barter is back in Russia
By Ellen Barry Published: February 8, 2009



MOSCOW: Does the Taganrog Automobile Factory have a deal for you! Rows of freshly minted Hyundai Santa Fe sport utility vehicles are available right now. In exchange — well, do you have any circuit boards? Or sheet metal? Or sneakers?"


Barter-Problem or opportunity? Should GM,FORD ,et al barter the excess car inventory? Can the government barter redundant fixed resources that cost money to hold and vield no return ?Are inflationary mega government bailouts any better?PR

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