Feel free to post your economic, business and political news, reports, and predictions concerning the U.S., Canadian, and world economy here. Please keep threads and posts on-topic.
by Copper Catcher » Sun May 06, 2012 9:49 pm
This is a great resource to spend some time reading.....
Intrinsic things are priceless. The love of your life or a beautiful sunset. There is no objective way to measure these, nor should there be.
The worth of monetary transactions is also difficult to measure. While there is a price, wage, or other kind of transaction that can be recorded at a precise price, the worth of the amount must be interpreted.....
http://www.measuringworth.com/index.php
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Copper Catcher
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by Jonflyfish » Tue May 08, 2012 4:00 pm
Thank the good lord we still have free market auctions for price discovery of fungible commodities.
Cheers!
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Jonflyfish
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