Laboratory for alternative forms of mutual settlement. Barter. Donation. The boomerang principle

The study of money and its substitutes, alternative forms of mutual settlement through the analysis of economic exchange relations. A study of the boomerang principle and exchange interactions explored by the social and natural sciences. Development of commercial instruments of alternative forms of mutual settlement and barter.

Money and settlement alternatives

Money is not the only tool that can be used for settlement. There are alternatives that can be useful in different situations.

One such alternative is bartering. Bartering is the exchange of one commodity for another without the use of money. Bartering is beneficial if you have something that another person needs and vice versa. For example, you can exchange your vegetables for bread from your neighbour. Bartering can also help when money is not available or not accepted (for example, during crises or wars).

However, bartering also has its disadvantages. One is the difficulty in finding a suitable barter partner. You need him to have what you want and to want to acquire what you have. This is called the problem of double matching needs. In addition, bartering does not allow you to store value for the future: you cannot hoard goods that spoil quickly or lose their relevance.

Another alternative is to use commodity money. Commodity money is any commodity that has intrinsic value and can be used as a medium of exchange (gold, silver, salt, shells, etc.). Commodity money solves the problem of double matching needs, as it can be exchanged for any other good or service. Also commodity money can serve as a means of accumulating value.

However, commodity money has its disadvantages. One is the inconvenience of transport and storage. Commodity money can be heavy, bulky, and require special conditions to preserve its properties. For example, gold needs to be protected from theft, and salt needs to be protected from moisture.

In addition, commodity money can be subject to fluctuations in its value due to changes in market supply and demand (for example, if a new deposit of gold is found).

The modern alternative is the use of non-cash money. Cashless money is any record of debt or property rights that can be transferred to others without the use of cash (e.g. cheques, credit cards, electronic money, etc.). Cashless money has many advantages over commodity and cash money. They are convenient to use, safe, save time and resources, and allow settlements over long distances and in different currencies.

However, non-cash money has its disadvantages. One of them is the dependence on technology and infrastructure. Cashless money requires computers, internet, electricity and other means of communication, which can fail, be subject to hacker attacks. In addition, cashless money can be subject to inflation or deflation if it is not backed by real assets.

Thus, there is no perfect way to pay for goods and services. Each method has its advantages and disadvantages, and the choice depends on the specific situation and preferences.

The boomerang principle in settlements

The boomerang principle in settlements refers to a specific type of transaction in which money or assets that have been sent or given to someone are returned back to the sender.

– Chargeback. If a buyer has returned a product or service and expects a refund, this is the boomerang principle. The money is returned to the buyer.

– Cancellation of the transaction. In some cases, one party can walk away from the transaction, in which case the assets or money that was transferred will be returned to the original party.

– Refund of excess payment. If the borrower pays off the loan, the boomerang principle will manifest itself when the lender returns any excess payment to the borrower.

– Investment Returns. In the world of investments, the boomerang principle means that an investor gets his capital or profits back after the investment is completed.

– Debt repayment. If a company or individual pays off a debt, the boomerang principle applies.

It should be noted that the boomerang principle can be applied in different areas of the economy.

Corporate money

Companies can issue their own forms of issue money – corporate money (corporate currencies). This money is used within an organisation to facilitate payment for goods and services and for various corporate purposes.

– Corporate cheques and credit cards. Some companies issue their own cheques or credit cards to pay suppliers. These corporate instruments may have limits and rules.

– Corporate bonuses and discount coupons. Many companies offer employees or customers corporate bonuses or discount coupons as incentives.

– Corporate gift cards. These cards provide employees or customers with the opportunity to choose gifts from the company’s merchandise selection.

– Corporate bonus points or miles. Some companies provide bonus points or miles to their customers or associates for purchases made.

– Corporate digital assets. Some companies develop their own digital assets based on blockchain technology.

– Internal accounts and balances. Corporations can maintain internal accounts and balances to manage expenses.

Corporate money allows companies to manage finances and create loyalty among employees and customers.