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The idea of "real value" is bizarre.

The value of something is how much you can get in return for the thing from a purchaser that you can find. Even "value is what we agree it is" isn't really right, it's what you can concretely get for the thing. (For instance, the fact that a certain Magic the Gathering card is listed in some book for $20 is meaningless if you can't find anyone who will give you more than $5.) There is no other definition of value that's actually useful, but there are plenty of others out there that will lead you astray.




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