Message from @DA GOMMIE JOO
Discord ID: 512079109661261825
Maybe I’m allergic to bread
because nobody would agree on prices
You never know what my values are
that's
*not*
***relevant***
Only I do
Which makes them entirely subjective
you're just gonna ignore all that?
the whole "our system is built on the value of currency"?
You’re ignoring that fact
that spiel?
our system isn't built on the value of currency?
money is just paper with ink
it should be worth basically nothing
but people spend their entire lives hoarding it
Nothing has intrinsic value
to get back into basic economics, the whole use value of currency *is* its exchange value
it is useful in that it is exchangable
people agree on this exchange value
you want to expand the system, more people have to agree on the same value
if you want to take part in capitalism, then you must agree that the currency is worth a set amount
otherwise, you will get nowhere
All the value is determined subjectively by the consumer
do you have alzheimer's or something
You simply cannot know what has objective value or not
can I just ask for it all?
just shrug off their complaints with "it's all subjective"?
Does the value of a currency fluctuate or not?
You wouldn’t be able to make money trading currency if it didn’t
Everything changes in value for a variety of reasons
is that caused by major shifts in values?
a large group of people thinking collectively?
This is why price controls in a socialist system don’t work
As you see in Venezuela
A winter coat is more valuable in the winter than shorts and a T-shirt, vice versa in the summer for example
Money has the utility value which allows you to buy whichever one you choose
for a given situation
Rip
Pol pot did nothing wrong @DA GOMMIE JOO @Schutz @Schutz
Pothead
Either way, Ill post this here https://www.youtube.com/watch?v=ugeUGnxvm_U
Obviously not socialist
Why do I doubt that