You are viewing a single comment's thread from:

RE: Sustainability for Kids: bubbles

Very nice, once again! The old concept of "selling air" rears its ugly head, once again. I especially like the example of houses. A pile of stone, wood, pipes and wiring cost pretty much a fixed amount of money. Yet-- even if you subtract the value of the land-- somehow that exact same pile becomes "worth" 5x more in Seattle, compared to Wichita, KS.

Coin Marketplace

STEEM 0.06
TRX 0.28
JST 0.048
BTC 66257.49
ETH 1949.91
USDT 1.00
SBD 0.50