This was a very interesting read about the nature of currency and exchange in an environment devoid of classical economic regulations. It interested me that in some ways, the cigarette currency is a much better example of a backed currency than a gold standard. However useful you might consider gold to be, cigarettes were obviously more useful, especially in this camp environment.
2) How does consuming a product affect the worth of another product in a bartering market
3) How does the constant influx of free products effect the market. Does it at all?
I think the importance of reading this is in understanding the point of currency and seeing how easy it is for a currency, even one backed by hard goods, to fail. I think that this also provides an example of a localized economy. There was a limited amount of incoming goods, a limited amount of labor and a limited amount of buyers/sellers.
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