Value is always relative. Typically currency is what we use as the relative point of comparison, but obviously you cannot compare the value of the currency with the value of the currency. Hence why we flip things around. A bag of goods, as opposed to a single item, filters out the noise of each individual good changing in value independently.
Value is always relative. Typically currency is what we use as the relative point of comparison, but obviously you cannot compare the value of the currency with the value of the currency. Hence why we flip things around. A bag of goods, as opposed to a single item, filters out the noise of each individual good changing in value independently.