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RE: The Value of Money

in #money2 years ago

I really like how your article is arranged, using clever headings, I really like how it is all tied together and does a very good job at making your point loud and clear. I also really like how it flows well, and is very easy to read.
Your introduction clearly states the main points of the article, being that money is a very important aspect in our society.

The price often depends on what an individual’s need is at that moment...

Price often changes through many different factors, and I really like your choice to include this in your article. I felt that one of the main points in his article was understanding price and the different ways money can be used so that the reader is able to understand. Prices change all the time, based on many different things, so it is important for us to learn about the reasons why prices change.
I also like how you went about your stability of money portion. The value of money is constantly changing, and we are at a very interesting time in society, making it change even more from day to day. Money stability is very crucial to people in society, the market constantly changes, and it is important to learn better money habits, and to learn the true value of money. Goods are constantly changing as well, when producers fall behind it can affect so many different industries, and keeping stable is crucial.
Your take on the concept of trading goods was also very good, and I really liked how you include that in your article. Each party must feel that the other person has a thing of value in order for a good trade to proceed. I liked your example about thinking of trading as a garage sale, people go to garage sales because they think that there is a chance that the other person has something of value, and when they make a purchase they truly believe that this product that the other person has has value to them. I felt that that example was a very good way to think about trading of goods and recognizing value.

Overall, I felt your article was very well put together, and used many good examples that made the topic easy to think about. I also thought your picture was very good in illustrating the value of trade in this chapter.