Anyone familiar with history will recall that once upon a time goods were weighed on scales and money was added to the other side of the balance to give a fair price for the good sold. We are a far cry from this type of trading economy today. Unfortunately, we do still use the “balances” as scales for economic trading decisions. However, today money is weighed on both sides of the scales. Reasons abound. The weighing of monies determines the best person to do business with, the penalties to be paid (some penalties are extended for lesser weights and some penalties exist for heavier weights), and who can claim assistance under various systems for the determinations (as in the case of penalties some help is available for lesser weights and some additional perks are given for heavier ones). When the scales balance, we know we can talk to each other equitably in business and when the scales do not balance we are sometimes embarrassed, either way. Trading goods is another idea altogether. Buying and selling is secondary to the weighing of the money. Perhaps we have forgotten how to transact simply in buying and selling because transactions are not about what is offered and what is received for the offer in today’s economy. In our complex world, business is about what you have and do not have creating the settlement of the transactions before transactions take place and the exchanges are not products for sale. Rather, the exchanges are monies offered to prove that products may or may not be sold with or without penalties and assistances. Perhaps we need to return to our history lessons.
The world of business and finance is not easy. Patrons used to know that if the scales could not be balanced with a fair price, then the good could not be obtained. If the good offered was too heavy, more coin was necessary from the patron to affect a sale. Not so today. In our economic times, the fair price of a good may not reflect that a patron has appropriate money to buy and heavier goods can be obtained without more coin because the patron proved monies measured against other monies worthy on the scales. We are buying and selling based on the measurements of the expected exchange of monies, penalties, and assistances not doing business on the level of products purchased.
Maybe we should throw away the scales. This would force an exchange of products and money based on valued amounts rather than continuing to balance monies to determine worth. Radical changes to established business systems promote chaos. A shift instead of complete renovation offers more profitability than complete renovation of an economic system. If the direction of business practices has strayed so far from the foundation of participation in fair exchanges, the establishment of the option for direct exchanges without elimination of the current practices of balanced monies provides a path back to buying and selling properly between proprietors and patrons.