Value and price are different. Value results from relative comparison, and the numerical expression of this result is price; however, value and price do not always align. If the price-to-value ratio is positive, the seller makes a profit while the buyer incurs a loss. Conversely, if it is negative, the seller faces a loss, and the buyer gains a profit. Transactions occur at price, not at value. Handling the ground differs from selling without knowing that gold is buried and purchasing with that knowledge while keeping it hidden. The disparity between value and price creates a divide between wealth and poverty. - Joseph’s “just my thoughts”
Value and price are different. Value results from relative comparison, and the numerical expression of this result is price; however, value and price do not always align. If the price-to-value ratio is positive, the seller makes a profit while the buyer incurs a loss. Conversely, if it is negative, the seller faces a loss, and the buyer gains a profit. Transactions occur at price, not at value. Handling the ground differs from selling without knowing that gold is buried and purchasing with that knowledge while keeping it hidden. The disparity between value and price creates a divide between wealth and poverty. - Joseph’s “just my thoughts”