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Comment by jkhdigital

4 years ago

> Imagine if you had the option of buying a piece of gold or a piece of land with good irrigation and good soil.

Why imagine? Both of these things can be purchased in the real world. And yet we see that some people purchase farmland, and others purchase bars of gold. Why is that?

Turns out, people called economists have been pondering such questions for hundreds of years and have developed quite sophisticated and nuanced theories about how humans create, assign, and transact value.

Anyways, thanks for the lesson on “cashflow” but you might want to pick up an economics textbook, you might learn something.