Malthus vs Free Market vs Credit Money - Daily Live 1/6/23 | E295
Bitcoin & Markets
00:00
Time Prices Offer Really Five Advantages Over Money Prices
We buy things with money, but we really pay for them with time. We convert all of these money prices to time prices and then look at the change in the time price over time. In other words, how much time did it take you to earn a pound of sugar last year? And how much time does it takeYou to earn apound of sugar today? If the time price is going up or down, that's reflecting more or less abundance.
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