Discussion 2

You have recently been appointed the supreme ruler of a country called Bartopia. The
country has always used the barter system until now, but you have decided to create a
money system. You have to choose one of the following to serve as currency: Apples, Pigs,
Rocks, or Cigarettes. Which would chose and the reasons why? (Hint: review the five
limitations of barter)

Rocks would be the best option because they would remain over time. They are made of a
resistant material that does not deteriorate. They also have some of the characteristics of money
like highly portable, durable, and acceptable compared to the other listed items. There are great
variety of types of rocks, different monetary denominations can be placed, which would
differentiate them and facilitate purchases and payments in the country.
Apples are highly perishable; pigs are bulky and not portable, and cigarettes are not acceptable to
all members of a given society. Rocks are also preferred because they can be used for deferred
payments, can be used as a measure of value, and can be stored compared to the other options.