@HbdNrx @Outsideness @AnarchoPapist @NRxNorth I really dont understand the intrinsic economic value attitude
@soapjackal Can you think of any other things that have held value over the long-term without any intrinsic value?
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@HbdNrx I think there are things with non-monetary value like kinship ties, exercise and Virtue -
@HbdNrx but goods you cannot sell and that do not produce cash returns do not have economic value -
@soapjackal food has intrinsic value. you can eat it. gold has intrinsic value--it looks pretty, and has industrial applications -
@HbdNrx but these are all functions of demand. -
@soapjackal you're using "economic intrinsic value" differently. see the definition in the previous link
End of conversation
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@HbdNrx I dont think of anything as having intrinsic value in this limited economic senseThanks. Twitter will use this to make your timeline better. UndoUndo
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