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4min chapter
We Get Letters!
The Answer Is Transaction Costs
Exploring Transaction Costs and Intrinsic Value
This chapter explores the concept of transaction costs and their implications, particularly in relation to parking fees and pricing mechanisms for tangible goods like gold. The discussion delves into innovative solutions such as online reservations and questions what is fundamentally being sold in various transactions.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode