Re:Where did the other dollar go, Jeff?
by lottin on Wednesday April 28, 2021 @06:13PM
(#26974904)
No, the author is right. He says that barter does not create market value which is true. Barter may or may not lead to a better allocation of goods, in terms of exchange efficiency, but the market value (i.e. price) of those goods and the amount of goods remains unchanged.
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For the record, the post you are responding to (and many others sharing similar criticism) was made before I changed "no value" to "no market value" (this edit is called out in a footnote).