What's the money? Money was invented to value

来源: 于 2013-08-19 16:25:02 [旧帖] [给我悄悄话] 本文已被阅读：次

the labor contribution of a person. May be not accurate, but roughly right.

A house worths $500k. An engineer earns $100k/year. It means 5 years labor of that engineer worths the house (= all the labor work other people put in to make that house).