4min chapter

The "What is Money?" Show cover image

How to Think About the Economy with Per Bylund (WiM248)

The "What is Money?" Show

CHAPTER

What Is the Market Price?

Every time an exchange happens with this money unit as one side, a price gets recorded. So it's really everybody's valuations of the goods involved in competition. Some people will be selling for way too low a price and they will sell out quickly. And eventually you will get to a point where no more trades will be made because people aren't happy to buy at that price.

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