Originally Posted by
GUFN
That part is true. The position being that there is to much money being exchanged that is untaxed. Think of all the ‘cash’ transactions that go unreported. Not saying I agree, but that’s the drift.
That won't fix "in kind" transactions, but I guess it would make it easier to track the raw materials say if a plumber and carpenter swap projects on each other's houses.
But I'm sure some sort of alternate currency would evolve... maybe even just handshake deals in trusting circles. In some parts of the world that's still a thing for some banking/financial activity.