Richard Davies on Extreme Economies
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Innovative Economies: Bartering Behind Bars
This chapter explores the unique dynamics of underground economies in prisons, where traditional cash becomes obsolete and bartering with food and informal currencies thrives. It examines the evolution and use of prepaid debit cards, particularly the Green Dot card, as a means to facilitate secure transactions without direct interaction. The discussion also touches on the implications of these financial innovations, including their potential for money laundering and cross-border trades.
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