3 ms·
Any trade of any thing with no inherent value is just people seeking a "greater fool".
by FranchuFranchu 5y ago
Any trade of any thing with no inherent value is just people seeking a "greater fool".
- faeyanpiraat 5y agoYou forgot an edge case where something has inherent value (like a cup) but has overblown valuation (used by some king), and is sold at an auction to bigger fools.
- NoGravitas 5y agoIt's almost as if use value and exchange value were two different things :thinking_marx: