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RE: that’s begging the question

Posted on: July 12, 2019 at 08:22:16 CT
meatiger MU
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I would consider value one of two things.

What the creator believes it is worth
What a consumer believes it is worth.

The ultimate value is then realized when the transaction occurs, although it may change after that transaction.
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MESSAGE THREAD

The Theory of Money and Credit - pickle MU - 7/12 07:36:22
     Wrong Board (nm) - DoltfromSTL MU - 7/12 08:27:05
     I doubt if any monetary system can preclude inflation, - GA Tiger MU - 7/12 07:46:46
          Why is small yearly inflation considered good? Other than - ummmm MU - 7/12 07:48:55
               Why should there be a finite amount of money in a system - meatiger MU - 7/12 08:01:27
                    There is still a finite amount of money even with inflation. - ummmm MU - 7/12 08:08:37
                    because scarcity is a thing - MizzouAstro MU - 7/12 08:04:07
                         So... - meatiger MU - 7/12 08:06:25
                              You use the word value a lot - pickle MU - 7/12 08:09:48
                                   RE: You use the word value a lot - meatiger MU - 7/12 08:16:28
                                        that’s begging the question - pickle MU - 7/12 08:18:38
                                             RE: that’s begging the question - meatiger MU - 7/12 08:22:16
                                                  It’s actually both. That’s how trade happens. - pickle MU - 7/12 08:26:18
                    well there can’t be an infinite amount of any good - pickle MU - 7/12 08:02:46
                         RE: well there can’t be an infinite amount of any good - meatiger MU - 7/12 08:04:46
                              my definition of what? (nm) - pickle MU - 7/12 08:10:51
               RE: Why is small yearly inflation considered good? Other than - GA Tiger MU - 7/12 07:53:06
                    you didn’t answer his question - pickle MU - 7/12 07:56:04
                         I gave reasons. Now, tell me why they're wrong. - GA Tiger MU - 7/12 08:03:29
                              Not really. You went with the "that's what we've been told" - ummmm MU - 7/12 08:09:18
                                   Yes. Those were the reasons. WHY ARE THEY WRONG? - GA Tiger MU - 7/12 09:24:07
                                        It’s ok to admit you don’t know (nm) - pickle MU - 7/12 09:36:11
                              no, you posted a bbc article. - pickle MU - 7/12 08:08:22
                                   Bye pic. Have a wonderful day.(nm) - GA Tiger MU - 7/12 09:24:46
                                        I’ll translate: “I don’t know.” (nm) - pickle MU - 7/12 09:35:47
          RE: I doubt if any monetary system can preclude inflation, - pickle MU - 7/12 07:47:39




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