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<p>[QUOTE="-jeffB, post: 1250209, member: 27832"]And the original buyer didn't?</p><p><br /></p><p>Let me recap your "example":</p><p><br /></p><p><br /></p><p><br /></p><p>Farmer A and Farmer B each have a field full of corn. Consumer C has $1000, the only money in existence.</p><p><br /></p><p>Consumer C pays Farmer A $1000 for all his corn. Now, Consumer C has a field's worth of corn, and, <i>according to what you said in your post, </i><b>Farmer B's field is worthless</b> -- its "value drops to zero", because "<b>the</b> buyer" has no more money.</p><p><br /></p><p><i>But Farmer A does</i>. In fact, now he's got $1000, but no corn, and he's getting kind of hungry. So he goes to Farmer B and asks for some of <i>his</i> corn. ("Fatima told me it was free!")</p><p><br /></p><p>Farmer B learns from Farmer A's mistake, and says, "Free? Yeah, right. I'll be happy to <i>sell</i> you <i>some</i> of my corn. You can buy <i>half</i> of it for $1000." Farmer A, over a barrel, agrees.</p><p><br /></p><p>Now, I'm sure you can contrive some Twister-like position in which Farmer B's corn is still worth the "zero" you claimed, but to me, it sure looks like demand has driven its price up to $2000 per field.</p><p><br /></p><p>Funny thing about money -- <i>it can be used more than once</i>. Your example seems to deny that.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 1250209, member: 27832"]And the original buyer didn't? Let me recap your "example": Farmer A and Farmer B each have a field full of corn. Consumer C has $1000, the only money in existence. Consumer C pays Farmer A $1000 for all his corn. Now, Consumer C has a field's worth of corn, and, [I]according to what you said in your post, [/I][B]Farmer B's field is worthless[/B] -- its "value drops to zero", because "[B]the[/B] buyer" has no more money. [I]But Farmer A does[/I]. In fact, now he's got $1000, but no corn, and he's getting kind of hungry. So he goes to Farmer B and asks for some of [I]his[/I] corn. ("Fatima told me it was free!") Farmer B learns from Farmer A's mistake, and says, "Free? Yeah, right. I'll be happy to [I]sell[/I] you [I]some[/I] of my corn. You can buy [I]half[/I] of it for $1000." Farmer A, over a barrel, agrees. Now, I'm sure you can contrive some Twister-like position in which Farmer B's corn is still worth the "zero" you claimed, but to me, it sure looks like demand has driven its price up to $2000 per field. Funny thing about money -- [I]it can be used more than once[/I]. Your example seems to deny that.[/QUOTE]
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