Knowing how to barter in an economic collapse could be just an interesting concept -- or it might turn out to be a critically important skill to have. Knowing what to stock up on, in preparation for bartering and trade during tough economic times, is the first step. Also keep in mind that what you know is often even more valuable than what you have. Here's what economic collapse barter looks like.
Barter in an Economic Collapse
Develop your survival skills and knowledge. Your skills and knowledge may be your biggest asset when it comes to bartering in an economic collapse or societal breakdown. Can you shoot deer? Identify edible wild plants? Cut and chop firewood? Think of skills you have that could help yourself and others in dire times. Learn as much as you can, now.
Acquire hand tools and equipment. Tools of all types, from shovels and pickaxes to cross-cut saws and clippers, will be like gold when they are needed.
Purchase extras of essential items. Stock up painlessly by getting an extra pack of waterproof matches or case of soap each time you shop. Personal care items, nonperishable foods and medical supplies are also great barter items.
Buy extra tobacco, alcohol and chocolate for bartering purposes. Alcohol is not just a luxury--it is used as an antiseptic and preservative in times of need. Chocolate packs energy and nutrients into a small, tasty morsel. Choose darker chocolates for the most nutritive value.
Acquire vegetable seeds, salt and spices, sturdy footwear and other important items. Surplus military items, such as wool blankets and mess kits, are relatively cheap now and buying a few extra will give you extra bartering capacity.
Learn the true current value of basic items, realizing that original cost may become irrelevant. Salt, if scarce, will be worth more than you paid while luxury items may be nearly worthless. Plasma TVs don't look so great when the electric grid is down.
Recognize your weaknesses and needs so when it is time to barter in an economic collapse, you have a good idea of what services or goods you want in exchange for yours.