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Farm equipment doesn't have any intrinsic value. The only reason farm equipment exists at all is to facilitate the allocation of natural resources towards the
by shrughes 17y ago
Farm equipment doesn't have any intrinsic value. The only reason farm equipment exists at all is to facilitate the allocation of natural resources towards the production of things that have real value.
- albertsun 17y agoYep. And the people creating farm equipment fully realize that. When they create new equipment they do so in order to help farmers create food more easily. In finance, there is a whole lot of effort and innovation, but it's hard to say how much of it is helping people create real value.