Saturday, December 27, 2008

Value and Money

Re:claims we've wasted $27 TRILLION that we didn't (Score:1)
by Mer_panacea (1381133) on 2008.12.27 0:00 (#26234835) Homepage Journal
A glass of water in desert costs a hundred times more than that in a big city. Price can merely indicates the relative value of something. Profit generates itself from these difference. People's satisfaction is a criterion of what profit is, but it does not reflect well the absolute value of its own.
There must be an absolute value but really hard to measure it. Certainly money has little to do with the realm of value.
--Ancient Greek Philosophers -18c Enlightenment Thinkers -Slashdotters

No comments: