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If they aren't fungible, they aren't identical. No one can buy money with their, or other peoples time, only with their, or other people's effort (when as a wo
by anonymouskimmer 4y ago
If they aren't fungible, they aren't identical.
No one can buy money with their, or other peoples time, only with their, or other people's effort (when as a worker working on things that other people will pay for).
And to address your point instead of critique it: If you pay with effort, instead of cash, then you aren't valuing the product at current market clearing rates.