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How money works - Inverted Passion

Money is exchange of value. Value is driven based on context. Demand and supply impact value as well as the perception of society
Economics has historically focused on "goods" in the form of physical objects: production of food, manufacturing of widgets, buying and selling houses, and the like. Physical objects have some particular properties: they can be transferred, destroyed, bought and sold, but not copied... But on the internet, very different rules apply. Copying is... See more