Barter trading economy
Since the beginning of known history, humans have directly exchanged goods and services with one another in a trading system called bartering. Barter may be a way to reduce tax bill because barter exchange may not end up on tax bills. Though in the US, barter exchange has to be registered. Hyper inflation and Barter Economy. Hyper inflation is extreme examples of inflation where prices skyrocket, and the value of money becomes worthless. This type of exchange was relied upon by early civilizations. There are even cultures within modern society who still rely on this type of exchange. Bartering has been around for a very long time, however, it's not necessarily something that an economy or society has relied solely on. What is a Barter System?