Episode 244: The Nature of Exchange, pt. 2
Words & Numbers
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The Magic That Makes Everybody's Life Possible
"This is the magic that makes everybody's life possible and how they routinely fail to see that," he says. "I say stop looking at the dollars ... If you look at the goods and services, there's tremendous equality." The value of cell phones can't be captured by converting them to dollars in terms of time saved or other things we could do with them.
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