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by sujinge9
2118 days ago
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The value in your example is still subjective. What is the ratio of Bananas to Apples that is being traded and how much is being produced? While both are certainly willing to keep trading indefinitely, and to not do so would be catastrophic, but the actual price being paid is very subjective to the market players. |
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"Value" as in "utility", and "value" as in "currency" or unit of account.
When trading some currency for utility, each side of the transaction gains something more than what they gave up. The buyer of food got food they needed to eat. The seller of food (presumably has so much food they cannot eat it all) gains extra currency that they can use elsewhere.