Economics of POW Camp 
"Credit entered into many, perhaps into most, transactions, in one form or another. Sam paid in advance as a rule for his purchases of future deliveries of sugar, but many buyers asked for credit, whether the commodity was sold spot or future." Fascinating stuff - futures trading in a POW camp! And cigarettes as a de facto currency to supplement bartering.
http://www.albany.edu/~mirer/eco110/pow.html
"Credit entered into many, perhaps into most, transactions, in one form or another. Sam paid in advance as a rule for his purchases of future deliveries of sugar, but many buyers asked for credit, whether the commodity was sold spot or future." Fascinating stuff - futures trading in a POW camp! And cigarettes as a de facto currency to supplement bartering.
http://www.albany.edu/~mirer/eco110/pow.html
