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True for most of the franchise, but the ferengi are eventually. Also, I’m not sure if the federation prevents member worlds from continuing to have their own internal economies that could be market based. My guess is that they don’t and the ferengi will continue to use money for a long time.
Growing up half Japanese I could never help laughing at that story as chinchin means penis in Japanese, and I think everyone should share in this amusement.