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As part of the discussion on inflation, we noted that prices matter and that a price is an exchange of information between buyer and seller.
- As part of the discussion on inflation, we noted that prices matter and that a price is an exchange of information between buyer and seller.
a) Can you think of things you consume for which there is no price, regardless of your consumption?
b) How do you think the lack of a price changes consumption patterns, and what is the end result?
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Hostile Money Currencies In Conflict
Authors: Paul Wilson
1st Edition
075099178X, 9780750991780
