Corona Virus Pandemic Continues to Impact the Economy in many ways!

One of the many ways that our economy is being impacted is the rapid increase in popularity of the centuries-old Art of Bartering

Dating back to the Middle Ages, bartering isn’t exactly new, but “thanks” to an economy battered by the coronavirus, offers to trade anything and everything are all over Craigslist, Facebook, Nextdoor and other social media platforms.  This trend is spreading as fast as the corona virus itself.

One of the many root causes of the increased popularity of Bartering is related to the pandemic-induced shortages in production which left our grocery store shelves bare and made items like toilet paper and hand sanitizer nearly impossible to find. In addition to the shortage, people have less money to spend due to the economic shut down.  Bartering is a way to get what they need without using traditional cash.

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