Related : I have a request for the 1 major concept that has never clicked for me --> Can someone help me understand 'productive value' in an economy ?
I have tried hard, and can't for the love of me understand what lies at the bottom of trade, what is the base value of assets / activity. It just doesn't click.
Questions like:
- Can a services based economy work if the consumers of the services weren't producing some non-services based value ?
- How can there be any economic value in middle-men ?
- Is speculation on artificially limited assets (housing) just a pyramid scheme ?
- How is it NOT a zero sum game ?
- Is a Fiat currency just 'vibes based economics' ?