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Measuring Worth Is a Complicated Question

PostPosted: Sun May 06, 2012 9:49 pm
by Copper Catcher
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

Re: Measuring Worth Is a Complicated Question

PostPosted: Tue May 08, 2012 4:00 pm
by Jonflyfish
Thank the good lord we still have free market auctions for price discovery of fungible commodities.
Cheers!