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**space-on-s** · 11-02-2011, 03:04 PM

Trading typically was done by barter. Money only entered into the picture to balance out the difference in value between trades.

You can imagine a trade worth $100,000 to one trader and $95,000 to another. The difference of $5 grand would be in money from one trader to the other.

Obviously if there is a tax involved government would much rather tax the entire $100,000 rather than just $5,000.

11-02-2011, 03:04 PM	#10
space-on-s Join Date Oct 2005 Posts 419 Senior Member	Trading typically was done by barter. Money only entered into the picture to balance out the difference in value between trades. You can imagine a trade worth $100,000 to one trader and $95,000 to another. The difference of $5 grand would be in money from one trader to the other. Obviously if there is a tax involved government would much rather tax the entire $100,000 rather than just $5,000.
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