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The Most Important Question in the World Today | Episode 3 | (WiM327)
The "What is Money?" Show
The Importance of a Language of Value
All value is subjective. This brings with it the problem of inter subjective value, which can only be solved with a common medium of value or a language of value. You write value as the subjective preference assigned to an asset, good or service by an individual. Once you sort of understand that human beings are always evaluating things we're always orienting ourselves and taking feedback in from the environment or the marketplace. And so if money is a call option on capital then will help money speak louder than actions speaks louder than words It's just this language that speaks the loudest.
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