There’s no physical object which, by itself, can have an intrinsic, exchangeable value. - all of food.
RE: Money Doesn't Exist
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Money Doesn't Exist
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I disagree :)
What's food for me may not be food for you: if I'm vegetarian, then the beef you're eating has no intrinsic value for me.
It only has value if I can trust it to feed me - under my own terms of what food means.
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Exchangable and widely accepted as exchangable is difference. Everything is excvhangable under right conditions. Almost nothing is universaly exchangable.
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I'm not talking about exchangeable here, that's a different characteristic of money, I'm talking simply about value. My point is that value is a byproduct of trust, overwhelmingly.
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Well, you are in that sentance.
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Food, as an exchangeable value, has wildly varying value.
If the person is dying of hunger, that food is extremely valuable.
If the person just ate a seven course meal, you might not be able to give away the food.
And this is even more apparent on a macro scale.
Where, in modern times, mountains of wheat rot.
But, during the potatoe famine, there wasn't enough good potatoes at any price.
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