jb55 on Nostr: On our walk today Elliott was asking why things are priced the way they are. We went ...
On our walk today Elliott was asking why things are priced the way they are. We went from supply/demand, scarcity, money printing, inflation + cantillon effects, all the way to marginal theory.
Marginalism blew his mind (how someone might pay $1000 for a bottle of water if they were in a desert).
Bitcoin maxi in the making 😅
Published at
2025-04-28 06:42:26Event JSON
{
"id": "bd6aab591190f329e1924667f4ec4ff5798d17d3ec9ef71e9662a2597ff899a0",
"pubkey": "32e1827635450ebb3c5a7d12c1f8e7b2b514439ac10a67eef3d9fd9c5c68e245",
"created_at": 1745822546,
"kind": 1,
"tags": [],
"content": "On our walk today Elliott was asking why things are priced the way they are. We went from supply/demand, scarcity, money printing, inflation + cantillon effects, all the way to marginal theory.\n\nMarginalism blew his mind (how someone might pay $1000 for a bottle of water if they were in a desert).\n\nBitcoin maxi in the making 😅",
"sig": "4c6e0729e286bc93d7dd3f65d1993425bd3f816de51d77009049a4e1fadf78138faef825b939ca3b41a491364696e9d817a3113291a4f8c7e5976cef3bc5c9d2"
}