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Silver Eagle pricing. I don't understand.
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<p>[QUOTE="Cherd, post: 8556270, member: 24754"]No, in both cases.</p><p><br /></p><p>"Capitalism" as a category isn't defined by the driving forces behind an economy (supply and demand, etc), it simply indicates that the means of production are privately owned as opposed to state-owned and controlled.</p><p><br /></p><p>Private interests tend to be exclusively profit motivated, whereas state interests can be motivated by other things, such as efficiency, need, corruption, foreign relations, etc. This makes supply and demand a more important consideration in a capitalistic system, but it's an indirect relationship.</p><p><br /></p><p>The point that I'm making is an evaluation of "services provided" vs. "profit". The ultimate extreme example would be a person that buys a stock for $5 and sells it for $10. They made $5, but did they provide any type of service or "Value" to the system? ...... No.</p><p><br /></p><p>I probably could have sugar-coated it a bit more, but my intention was not to insult the roles that middle-men play in the world. I'm just saying that, if you are trying to find a justification for the buying and selling prices that they offer, then there are none to be found. The prices are derived for the simple purpose of having a profit margin, there is no value to the service provided.[/QUOTE]</p><p><br /></p>
[QUOTE="Cherd, post: 8556270, member: 24754"]No, in both cases. "Capitalism" as a category isn't defined by the driving forces behind an economy (supply and demand, etc), it simply indicates that the means of production are privately owned as opposed to state-owned and controlled. Private interests tend to be exclusively profit motivated, whereas state interests can be motivated by other things, such as efficiency, need, corruption, foreign relations, etc. This makes supply and demand a more important consideration in a capitalistic system, but it's an indirect relationship. The point that I'm making is an evaluation of "services provided" vs. "profit". The ultimate extreme example would be a person that buys a stock for $5 and sells it for $10. They made $5, but did they provide any type of service or "Value" to the system? ...... No. I probably could have sugar-coated it a bit more, but my intention was not to insult the roles that middle-men play in the world. I'm just saying that, if you are trying to find a justification for the buying and selling prices that they offer, then there are none to be found. The prices are derived for the simple purpose of having a profit margin, there is no value to the service provided.[/QUOTE]
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Silver Eagle pricing. I don't understand.
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