reply to post by crankySamurai
I agree.
Originally posted by crankySamurai
reply to post by NthOther
Don't act naive its not about cilantro or any individual item. I'm talking about something that you need to be but no one will willing give it to you.
Originally posted by crankySamurai
reply to post by NthOther
By what system are resources allocated? How do we know how many farms vs bars vs mines that there should be?
It is through exchange that people are able to determine the demand of one item or service vs another. This is essential so that resources are arranged and used in the most efficient way. Exchange determines what goods are more valuable should be produced on a wider scale. Without exchange there is no means for determining value.