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Stirring the pot on the LH/corriente topic
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<blockquote data-quote="Warren Allison" data-source="post: 1831398" data-attributes="member: 40587"><p>I agree with that 100%. There is no more accurate and true way to determine the worth of cows, horses, old cars, real estate, art....whatever...than true, absolute auction. The <em>price</em> of a widget, is the amount of money the owner wants to part ways with it, The <em>value</em> of a widget, is the amount of money another person is willing to give to aquire ownership. Whenever those 2 numbers coincide, you have a <em>sale. </em></p></blockquote><p></p>
[QUOTE="Warren Allison, post: 1831398, member: 40587"] I agree with that 100%. There is no more accurate and true way to determine the worth of cows, horses, old cars, real estate, art....whatever...than true, absolute auction. The [I]price[/I] of a widget, is the amount of money the owner wants to part ways with it, The [I]value[/I] of a widget, is the amount of money another person is willing to give to aquire ownership. Whenever those 2 numbers coincide, you have a [I]sale. [/I] [/QUOTE]
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