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131 - Why Is a Silver Coin Worth Something?

No Dumb Questions

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The Market Theory of Value

"What is my used phone worth, monetarily? Probably a hunder box. Or, to put it another way, whatever anyone is willing to pay for it to day," he says. "That's the truest thing that we all agree on in all life... not issues about social stuff, or sex, or identity, or taxes." The more of us who are playing the value game, the more accurate the values are, and the better everyone will do, writes Michael Wolraich.

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