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Quote by: grandpa
Only if you believe unlimited demand must be met.
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If something is free, then unlimited demand must be met.
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Tell that to someone with an eating disorder.
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As long as they have the money to pay for it, they aren't overconsuming.
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Something that is hard to find, absent or rare.
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Something valuable, in other words.
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Gold too would be an irrational means of exchange.
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Gold is one of the best means of trade because everyone values it.
Value is not intrinsic. Value is determined after you've traded it.
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Quote by: grandpa For example, somebody is giving me a 200 pound piano soon. She isn't lugging it around with her at all times. |
She's giving it away for free.
That's not trade.