Everyday, you and I add value to the global economy by trading. I buy a sandwich because I value the sandwich more than I value the money it costs while the sandwich maker values the money more than the sandwich. Both of us have exchanged something of lesser value for something of greater value and [...]
Money Supply: Force of Nature
by Walther on March 16, 2009
in Commentary
Everyday, you and I add value to the global economy by trading. I buy a sandwich because I value the sandwich more than I value the money it costs while the sandwich maker values the money more than the sandwich. Both of us have exchanged something of lesser value for something of greater value and [...]
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