| Barter is a primitive trading, which due to time, space and needs of the asymmetry factors and were gradually replaced by paper money exchange. With rapid development of computer technology, the global financial crisis, the modern barter transactions has begun to attract attention again to start gradually into people's lives. However, with modern barter transactions in real-life application of increasingly widespread, and some scholars, it is too optimistic about the future that this will lead us into the "paperless" society, notes will disappear with the money transactions die. This view is correct or not, is the focus of the discussion paper and the core. Articles from the intuitive level and practical level, the two terms on the discussion of this issue, draw notes trading in the foreseeable future, and will not barter with the development of modern extinction.Modern barter transactions with the computer network technology evolved. In theory, it should be defined as the practice of development needs to be summed up and improved continuously. In practice, modern barter transactions has become the international market and the rapid development in many countries the transaction form. In our modern barter also began to develop, but in the beginning of the modern electronic barter some lack of understanding, has gone through some tortuous paths, absorbing the original lesson, our country is still in gradually try to barter with the modern way , especially in the 2008 global financial crisis, China's surge in barter transactions. Next, we discuss the money market by reducing information costs, transaction costs developed in the process. Then draw the model on the basis of previous constructed a simple model, and then they run a paper money system cost and running cost of an e-barter system, a comparative analysis, in which the cost of the key parameters are the same conclusion that the notes dominated the market system operating cost is lower than the modern barter transactions dominated the market mechanism operating costs, of course, the market to increase inflation occurred in the case of the nominal interest rate is no longer the establishment of this conclusion; In addition, the transaction increase in the number of commodity markets makes the modern barter increase in costs is greater than the cost increase of currency transactions; and the cost of using currency trading is always lower than the cost of lower limits of modern barter transactions. Thus, currency trading and barter transaction in modern compared to some of the former better. And in currency trading, trading in the chain of information required is essentially less than the modern barter transactions. Non-bank public's demand for bank notes will cause the banking sector on the demand for bank notes, the two needs together to ensure that monetary transactions dominated trading. Meanwhile, the central bank will also have expressed their currency, the price level of control.Article summarizes the more detailed definition of the modern barter transactions, analyzes the characteristics, classification, development foundation, and based on barter transactions in foreign and domestic situation, summarize the advantages of modern barter transactions, and then model in two trading transaction costs of direct comparison, a preliminary study of the modern barter transactions and currency transactions of different notes come barter transactions will not be out of the modern history of the stage, the next from a realistic point of view of people's preferences are still note transactions, and barter transactions do not affect modern money supply. Topic is divided into five chapters: Chapter Introduction outlined the background and the topics of this thesis topics significance, the paper's main structure and the main innovation, as well as shortcomings. Chapter II outlined the modern definition of barter transactions, characteristics, classification and development basis. Roughly a third party introduced the development status of domestic and international contemporary and modern barter barter market advantage. Chapter IV is also the focus of this article chapter, the first course of development from the perspective of modern monetary barter transactions and currency transactions and from the intuitive level, the establishment of a simple model to analyze the adoption of the model of modern barter transactions in the future will not completely replace currency transactions, the final level from a realistic view of monetary transactions will not withdraw from the market because of the modern barter transactions. Chapter V summarizes the conclusions of the main text of the main points, and indicated that further study of related issues. |
