Comment by gozur88
9 years ago
That's why we have money - so people can say things like "No it isn't, because if it were people would have given you billions for it."
9 years ago
That's why we have money - so people can say things like "No it isn't, because if it were people would have given you billions for it."
Money is not a panacea for valuation. If it were, then ending climate change would be much more profitable.
It's true there's nothing perfect under the sun. But I think the financial judgement of MSFT vs some guy's hobby project is pretty sound, and in general price signals work pretty well as a message to producers.
I agree. However, fatal errors within the money system (i.e. climate change, cyclical poverty) must be addressed, which is what this whole thread is about.
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