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Some human desires are more predictable. You can ground out some value in basic human needs: food, clothing, shelter. They imply land value (for example, agricu
by skybrian 4y ago
Some human desires are more predictable. You can ground out some value in basic human needs: food, clothing, shelter. They imply land value (for example, agricultural land) and energy usage (heat, transport, production) though not in a straightforward way. And various security measures can be valuable because any of the above could be taken away.
This doesn't imply stable prices, though. Far from it!