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True trading is the idealized fair exchange of goods and services. Since the beginning of human civilization it is well understood that for every unit of the goods (mass) and every unit of the services (energy) certain measured value is attached. However, it is also commonly believed that this attached value is not fixed or permanent, a constant in space and in time, although the goods and the services do not necessarily have to change in quality and in quantity as is often happening in a particular place at a particular period of human history. In other words, the value should have been demographically independence.
In another perspective, the powerful influence of the attached value seems to be linked with the spatiotemporal economic forces of supply and demand. The value seems to increase if the demand is more than the supply, seems to decrease if the supply is abundant. Nevertheless, the process of demanding is forever linked to the populace of a geographical location at a time of growth, or similarly at a time of decay. It is connected with their perceived needs, real or imagined. If the needs are real then the increased value is justified, publicly. If the needs are simply state of minds then it can only becomes justified privately or personally. The former is for the benefit of the many, the latter, the benefit for the self-interest of the few.
What is becoming a narrow personal realization is the perplexing decrease in monetary value or the purchasing power of a currency even though its demand remains high – more people are busily working harder to make more money. 30 years ago a dime allows the use of public telephone. Now, it takes 5 dimes. A bus ride used to cost 3 dimes. Now, it costs 25 dimes. This could just be the effect of depleting supply of petroleum. However, the former is just the demand for more private communication. Therefore, if more people decide to mind their own business, talk less and travel less then maybe the monetary value will increase. But old habits die hard, and all by jumping into the river of business the futility of swimming upstream against current flowing downstream, becoming traders of the lost value of space and time.
Time independence: [∂E(g)]²=[∂F(a)×∂r(a)]·[∂F(b)×∂r(b)] and Mass independence: ¶a(t)·¶r(t)=c²
Re: traders of the lost value -
01-19-2007, 07:55 PM
I don't know that talking less would help. Most people have cell phones now, so pay phones are actually quite scarce. I have to take your word about the 50 cents. As for less people using the bus - that just decreases the availability of bus service. Most areas don't have bus service at all.
I think it is more a matter of the mechanics of inflation. People want their annual raises whether they deserve them or not, so companies have to pay them more, so they have to charge customers more, so the customers need to earn more money, so they demand their annual cost of living increases from their employers.
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