RE: The Price Deception
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Price as a unit of measurement is the oldest way and it’s going to be tough to get rid of it.
We have seen a lot of examples of how price can be inflated to create a fake bubble to attract people. You already mentioned a few. Rich people investing huge money Into something and pulling the money out to make instant profit had happened countless time.
What’s on the table and what will this product or service offers and the value that customer is getting from this is the true measurement but as we all have been revolving around Fiat so we always try to think in Fiat terms.
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It’s crazy how easily we accept things if I talk to other people they complain prices are going up for things they buy but they make peace with it and assume increased wages offset that but they don’t do the math nor do they account for the compounding effects and before you know it you’re the one underwater and you want to know why
Life is not fair, just because you’re a good person and do good things doesn’t mean you get rewarded in many times it means you get rekt!
Those ideals are for an economy of hard money something we don’t have so you have to play by these new rules and get used to soft money principles
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