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To: Ancesthntr

Well, it’s a valid point about economic valuation: value declines over time because of opportunity cost if nothing else. Everything we value has a time frame within which we measure it, and when the time frame is long enough, the current perceived value falls to zero.


16 posted on 03/18/2019 1:15:15 PM PDT by pierrem15 ("Massacrez-les, car le seigneur connait les siens")
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To: pierrem15

“Well, it’s a valid point about economic valuation: value declines over time because of opportunity cost if nothing else. Everything we value has a time frame within which we measure it, and when the time frame is long enough, the current perceived value falls to zero.”


Static things, yes, but not the value of things that grow. Besides, how many economists with children and grandchildren say that the future value of the economy is zero?


31 posted on 03/18/2019 5:18:30 PM PDT by Ancesthntr ("The right to buy weapons is the right to be free." A. E. van Vogt, The Weapons Shops of Isher)
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