money is a trade mechanism. the only way for actual value of trade to be determined is to do the math.
1 house = $100,000
1 car = 10,000
therefore, 10 cars equal 1 house.
when speculators move into a community, and start raising prices collectively on property?
so now your house is worth $200,000
is it STILL worth 10 cars?
if SO ……….. then do the cars now cost $20,000?
“bottoms drop” out of things mean NO ……… turns out that house is STILL only worth 10 cars. but NOW you can buy 20 cars for what it costs for a house.
what are you going to buy?
mostly found in that which has function — maintains price within flow of each through the very nature of TRADE.
money is the con-man’s tool. tender is useful, no doubt. and necessary —- however, never lose sight of the fact that the end result is TRADE. and always do the math.