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I heard this, “Money is just an Idea,”the other day whilst watching some Empower Network training videos.
“How can money be an Idea Authentic Nicklas Backstrom Jersey ,” you might ask?
If you really look at money; Money really is just an Idea.
Lets say tomorrow every one think 20 bucks, is now worth 1 dollar.
So you visit McDonalds, to get some thing off the dollar menu, but how it's a 20 dollar menu.
I know, Crazy Authentic Alex Ovechkin Jersey , a 20 dollar menu.
Here is the thing about money:
It depreciates, 20 bucks does not go as far because it as soon as did.
“Well thats simply because of economy,” you may say, now, what's economy:
“The process or system by which goods and services are created Evgeny Kuznetsov Jersey , sold, and bought in a country or region”
This was from: “http:www.merriam-websterdictionaryeconomy.”
If you think about it, it is just primarily based off of what people believe something to be worth.
Fair market worth:
“The price, as of a commodity or service, at which each buyers and sellers agree to do business.”
This is from: “http:www.thefreedictionaryfair+market+value”
It is quit funny whenever you think about it T. J. Oshie Jersey , fair.
If two people trade an item, then what ever they agree on is the worth.
I live in the USA and every time I go to WalMart, and buy a tool, guess what the tool says on it:
“Made in China.”
This really is all quit easy, a group of people within the USA Nicklas Backstrom Jersey , contact a group of people in China and
make a trade.
So the next time you visit WalMart and get a, “Made in China” product,
Think, “fair market worth,” at it's very best.
So when your like Alex Ovechkin Jersey , “Thats just what it price.”
Lets appear at this idea:
Basically some one or perhaps a group of persons have set a standard.
Now we base worth of a item off this standard.
We've all heard, “I got a great deal.”
What is a good deal?
A great deal would be purchasing a product or service for less then expected, base off of fair market worth.
O, that's fun.
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