You’re saying that like it’s some new revelation, but anyone who’s gone to high school should know that. It’s also an incomplete statement.
Money doesn’t have intrinsic value beyond its material, but it has extrinsic value given to it by the people and society that use it. Peanuts have no monetary value, but if you and your friends all agree to exchange it for goods and services between the members of the circle, peanuts suddenly gain monetary value.
Tbf a lot of people really don’t absorb what they are supposed to learn in highschool, or go to shitty schools/have shitty teachers, especially in the US.
You’re saying that like it’s some new revelation, but anyone who’s gone to high school should know that. It’s also an incomplete statement.
Money doesn’t have intrinsic value beyond its material, but it has extrinsic value given to it by the people and society that use it. Peanuts have no monetary value, but if you and your friends all agree to exchange it for goods and services between the members of the circle, peanuts suddenly gain monetary value.
Tbf a lot of people really don’t absorb what they are supposed to learn in highschool, or go to shitty schools/have shitty teachers, especially in the US.