Unless you’re in a desert with no stores around, in which case the person with 50 waters is going to tell you to go take a hike because that dollar is useless to them but the water will keep them alive.
Comment on How much money's out there?
DomeGuy@lemmy.world 12 hours agoValue for resources is also highly subjective.
If I have zero water and $50, but you have 50 waters and $0, I would value one of your waters more than one of my dollars and you would value one of my dollars more than one of your waters. And so we would trade, and both be happier for it.
BlameThePeacock@lemmy.ca 8 hours ago
adespoton@lemmy.ca 11 hours ago
And, of course, there’s inflation. The value of something is a perceived thing, but the actual dollar value attached to that perceived value always tends to increase, except when an economy collapses. Inflation is caused by a government pretending things have more value than they actually do and pocketing the difference.