The "What is Money?" Show cover image

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

The "What is Money?" Show

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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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