Trade and Satisfying Utility; The Win-Win Bet

in Project HOPE4 years ago

If you remember the Middle east 10 years ago, you would so much think nothing good can come out of those countries but fast-forward to today and it looks like all that was needed was money to change a desert to a resort state everyone wants to visit. Anyways, that was just an illustration, we must be sincere that money is very important in our lives, buying us all the good things we need and helping us get to the desired position we want to get to. The saying, money makes the world go round isn't false after all.


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Let me remind you about something, do you remember that job you didn't like that paid you that money that would still keep you in the company even when the boss is frustrating the living hell out of you? Yes, that money you made was used to buy the things you need, thereby giving money to another boss and that boss will be paying another set of employees who will be giving money to your boss directly or indirectly and that is how the chain keeps going but then there is more to money than this.

Do not forget that money is anything that represent value and whatever amount of money you have is directly proportional to the value that got that money. We do one thing just to get money and that is TRADE. Employees trade skills and value for money which is then traded for other things including your Coffee as you exchange money for goods, service or value. Trading is about Utility and Utility is about satisfaction of need. A value for a product is higher depending on the degree to satisfy the need.

You will not trade to lose money for a value will not get as trading is a minus to one and a plus to another in terms of money but in terms of utility, it is a two side win.

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