Message from @PugSlugger
Discord ID: 468805994843996161
The value of the currency they bought the property with comes from labor
How does the value of the currency come from labor?
but the commodities you buy with the money's value is based off of the money that it costs to produce plus time preference and other stuff
you get paid when you work
sure
so you get a dollar which is a substitute for precious metal
then you use that dollar to buy stuff that costs dollars
that stuff could be property
which can make you more dollars from the people that worked to get those dollars
this is capitalism
"make more dollars"
only the state can print money
earn more dollars
its an expression
in America
It's a bad one
yeah well it comes with the greatest country in the world medal
Hardly, but that's another issue
wew
gib television
gib
also gib computer
Nope
anyway
Alan Turing was British
point out a flaw
with the system
Most of the foundational research was carried out by scientists produced by the Bismarcking Germany social democracy.
im sure
It sounds like you became a marxian with your account of money
But I don't think you are, so explain how your account differs from the LTV?
<:GWcfcThonk:357907199928041473>
because the goods have value not determined by labor
like time preference
what do you mean "have value"
Have use? have utility?
they are worth more labor currency
you pay more
What do you mean "worth"?
dawg