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Message:: [QUOTE="kaparthy, post: 4428868, member: 57463"]Well... better to regret the one you didn't buy than the one you did. Pilots say that it is better to be on the ground, wishing you were in the sky than to be in the sky wishing you were on the ground. So, your humming indicates second thoughts? First, price is always set by the buyer. Second, the idea of "worth" is seldom well-defined by those who speak of it. Is it worth<ul> <li>what you paid for it?</li> <li>what someone else will pay you for it?</li> <li>what you gave up to get it?</li> <li>what you would give up to keep it?</li> </ul>Third, hardly anything you can touch is "worth" what it is made from. A $5 coffee cup is just a few cents worth of baked mud. Even if you get the coffee in the cup for a few cents, it is far more than the farmer got. You want bacon cheap? Raise hogs. But then, you would be eating something you could sell for much more to someone else and use the money to buy something more valuable to you than pork bellies... Speaking of gold, Ayn Rand pointed out that without things to buy, gold has no value. Some people who have fuzzy thoughts about "hard money" claim that gold is "intrinsically" valuable, but it is not. It can have objective value. In the first Econ 101 class in college our professor challenged us to give a common dollar for a common quarter. Why would you do that? Because you cannot put a dollar bill into a pay phone. Value is relative.[/QUOTE]