
131 - Why Is a Silver Coin Worth Something?
No Dumb Questions
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The Value of a Coin
As an engineer, i would do materials and labor. But i don't think everyone's labor is not the same. So then that dove tails into money, because physical money, coinage, medals, fiat currency, paper, all o, these things tell a story about your theory of value. I'm going to pay a surgeon more money to operate on me than i would pay you to operation on me. And so it's a secure transaction in that it happens away from other people's opinions.
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