The ultimate carrier of information. More than a number, it indicates how valuable (or not valuable) a good is.

1.) In the past, people exchanged goods for goods; Give some meat, and you get a bag of corn in return.

2.) Today, people offer goods for money – PRICE.

3.) So when buying, look at the price. In most cases it’ll be a good indication of how valuable a product is.

Bonus: [someone is offering a brand new luxury car, fully loaded for only $20. (No thanks)! Price doesn’t match the value and one person is being fooled].

 

 

Stay Curious! Stay Strong!

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