Posts tagged with barter

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When Larry Levine helped prepare divorce papers for a client a few years ago, he got paid in mackerel. Once the case ended, he says, “I had a stack of macks.” Mr. Levine and his client were prisoners in California’s Lompoc Federal Correctional Complex. Like other federal inmates around the country, they found a can of mackerel – the “mack” in prison lingo – was the standard currency.
( via wsj)

my favorite graf:

There are other threats to the mackerel economy, says Mr. Linder, of Power Commissary. “There are shortages world-wide, in terms of the catch,” he says. Combined with the weak dollar, that’s led to a surging mack. Now, he says, a pouch of mackerel sells for more than $1 in most commissaries.