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!