The valuation of goods is based on rarity, as perceived through an anthropomorphic veil. True value, can only be represented as the energetic costs of their production. The work required to extract and consume minerals is worthless unless repeatable. I will make reference to a greater wisdom than mine: Only when the last tree has… Continue reading Value II
Tag: systems
A fractional reserve
Money is debt, created by government bonds, and/or fractional reserve banking, essentially the same thing. since decoupling from the gold Standard money is fiat the value ascribed an indication of the confidence of the market in the medium of exchange To goal being to siphon a proportion. Due the 'inventor' of the investment opportunity. Converting… Continue reading A fractional reserve
Ceteris Paribus 