Federal government seeking to make forms of bartering illegal

[k0xxx]

Federal government seeking to make forms of bartering illegal after court ruling

"This attempt by the Federal government to use a single court case to establish a new precedent of law in regards to barter and currency gives warning to the states and the public that any course of action towards removing themselves from federal control over economic and monetary policies will be met with force and or prosecution."

Be careful how you barter...

 

[abifae]

That is likely a response to certain states wanting their own currency. LOL.

 

[glenolam]

any course of action towards removing themselves from federal control over economic and monetary policies will be met with force and or prosecution.

Wow.....


ETA - I read the article and it seems to be pointed at the currency issue, not all aspects of bartering. Is there any evidence of this related directly to bartering in the sense of "item for item"?

 

[JRmom]

Doesn't seem to have any bearing on "item for item" bartering. Yet.

 

[k0xxx]

JRmom is correct. This is currently directed at any entity producing a "coin" to be used for bartering. However, in the past such bartering has always been considered legal providing the the "coin" is not being passed off as "legal tender". It would appear that the new interpretation by the Feds covers ANY type of "coinage" not produced by the mint.

If you go strictly by what they are saying, it would seem to be construed as any medium used as barter, but not include directly bartered goods and services. So using frog skins as currency, as certain tribes once did, would be illegal. However, trading a chicken for some vegetables would still be ok (at least for now).

They will only take my frog skins when they pry them from my cold, dead hands!

 

[kcsunshine]

I just had a visual of k0xxx sitting in a dark cave surrounded by skins, quietly counting frog skins, all the while looking back over his shoulder to make sure no one is watching him.

 

[THEFAN]

I have a lot of lead to trade with them




I love to bartah!! FREEEDDOMMM!!!!

 

[Greendecember]

I just had a visual of k0xxx sitting in a dark cave surrounded by skins, quietly counting frog skins, all the while looking back over his shoulder to make sure no one is watching him.

Me too! LOL

Ya I don't think they can stop trading eggs for flour and such but it could sure put a damper on Arcade coins and more importantly programs like here in Oklahoma where if someone takes their Food Stamp card to our local farmers market they can "buy" coins that are "tradeable" at the farmers booths for fresh veggies. I would MUCH rather see Food Stamp "dollars" spent with local farmers than put in to the companies that mass produce junk food. That is a WHOLE other topic though

(This is in NO WAY a commentary on Food Stamps. If your hungry and you need them them please use them!)

 

[Wifezilla]

It may be aimed at people or states minting coins, but if there is any way some power hungry moron can abuse it and make me trading some duck eggs for a bar of soap a crime, you can bet dollars to donuts they will.

 

[Greendecember]

It may be aimed at people or states minting coins, but if there is any way some power hungry moron can abuse it and make me trading some duck eggs for a bar of soap a crime, you can bet dollars to donuts they will.

LOL they could try, and I would not put it past them but they can't keep up with 1/10th of the drug dealers. I think Under the table duck egg trading will be low on the to do list