What is Bar Boerse

Glosses: The bar as a stock exchange

The financial market madhouse is out of control as ever: currency traders roll 810 trillion euros around the globe every year. For another 569 trillion euros, little papers called derivatives are pushed back and forth. Only 11 trillion euros flow around the world for trading real goods that can be eaten, displayed or used in any other way. From an extraterrestrial point of view, planet earth is primarily a financial center and nothing else. Nevertheless, a financial transaction tax does not sound logical to all ears. But there is perhaps a second, more consensual answer to the question of how to tame financial markets: cheers.

The Drink Exchange is the name of software that turns bars into exchanges. If, for example, there is strong demand for the Screwdriver, Whiskey Sour or Sex on the Beach products, their prices increase. At the same time, the demand for Heineken or Bud may be falling. That would be the ideal moment to have four or five glasses cheaply in the bear market and immediately savor the fruits of self-interest.

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In bars that have been pimped with Drink Exchange, the current prices are of course shown on screens. So everything stays nice and transparent, insider trading is hardly possible. According to the still prevailing market theory, drinkers can act as rational individuals, weigh up the opportunities and risks optimally and therefore put themselves in a position at the bar stool at any time to make rational market decisions.

The much-cited invisible hand of the market ensures that well-being spreads automatically in such deregulated drinking halls. The bar becomes a place where market liberalism actually works.

In the meantime, the active inventors of the system, young entrepreneurs from Miami, have even introduced "futures": "We are releasing an exciting new version of The Drink Exchange, the self-service kiosk." You buy drink tickets at the machine and speculate on short cocktail sales. If he wants, the bartender can also stage a stock market crash. And the drinker traders can start a new bull market if they still can.

The concept is popular and is spreading very quickly. It directly combines the striving for success with the release of dopamine, because every alcohol gained is an expression of one's own efficiency. In times of fluctuating demand in the financial market, adding alcohol to business processes is obviously very popular again. If the broker is doing well, he cannot gamble away billions. After a stock market, global economic, debt and euro crisis, billions are no longer a big deal in the mild light of a bar, should it ever happen. And the liver grows with its tasks.