A Few Therfors

THEREFOR number 1. if when we observe a trade of ownership between humans we observe the foregoing conditions prevailing we can conversely say that whenever we see these conditions prevailing there must be a trade. Therefore there is certainly a relationship between a barter and a buy sell action. That relationship being trade.

The word barter came into existence to describe a real phenomenon. Humans trading ownership. It has its roots in the french word ‘barater’. To cheat, deceive, to haggle. This phenomenon of haggling is otherwise known as negotiation. Some suggest that it has links to the Celtic word “brath” meaning “treachery”.

A well read economist insists there is no relationship between a barter and a buy sell action. Should we call a buy sell situation a half barter? I think not. They are both “trading for gain actions” by humans.

THEREFOR number 2. A definition for a unit of common currency would be somewhat as follows; A unit of common currency “is a transferable debit credit relationship for gain facilitation unit of variable form and value as defined by the users at the time of the trade.

THEREFOR number 3 every trade involves two IOUs and four commitments…two commitments to give and two to accept or receive.

THEREFOR number 4. We see certain changes taking place in the commitment status of the traded items. They are advanced from one cranially committed category to the next. It starts with “this is mine.” Advances to “I am willing to trade.”…and to the next cranial category of commitment is “we have a deal!”….and finally… “I’ve sold/traded it!”.