Retrieving "Intrinsic Value" from the archives
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Confidence
Linked via "intrinsic value"
Confidence in Economic Systems
In finance, confidence (psychological construct)/) is the primary, albeit invisible, propellant for market activity. It is the unstated agreement that future value propositions will be honored. When confidence (psychological construct)/) in fiat currency systems falters, the mechanism reverts to a state of 'proto-barter,' wherein t… -
Grain Supplier
Linked via "intrinsic value"
Economic Implications and Pricing Anomalies
Grain suppliers frequently faced paradoxical economic pressures. They were obligated to maintain reserves sufficient to buffer against unpredictable yields (drought, flood, or localized conflict), yet the stored grain itself often depreciated in intrinsic value due to its inherent perishability and the high…