(no title)
skeezyboy | 5 months ago
i was quoting you... but you have tried to have it both ways. you said....
> Price measures what you are giving up to receive value.
notice you didnt say gave, you said giving. There is a price before the "transaction"
> Price is not determined until a voluntary transition takes place
But we had a price before we made the purchase??? If you swap price with market value in the second quote youre completely right.
Market Value is determined in this offer/sell kind of fashion precisely because it ISNT intrinsic.
9rx|5 months ago
Nope. Your misinterpretation may have lead to you to believe that, but intent supersedes interpretation. Which you no doubt understand given that you came back to ask for clarification given the apparent discrepancy. That would have been completely pointless otherwise.
> notice you didnt say gave, you said giving. There is a price before the "transaction"
I'm pretty sure it said "transition", not "transaction". Regardless, while it is thoughtful of you to point out what lead to your misinterpretation, we already cleared this up in a previous comment. What are you trying to add here?
> Market Value is determined in this offer/sell kind of fashion precisely because it ISNT intrinsic.
The value was always there. We just don't know what it is until we create an environment that allows us to measure it.
> If you swap price with market value
You'll have to talk to the government agencies. I don't pick the terminology used around CPI. I am not sure where you got the idea that it is up to me? And I'm especially unsure of why you'd want it to be up to me given that you recognize that I am not the clearest of communicators.