no one is doing it honestly in the disparity

musk isnt a trillionaire because his assets would equate to physical product. his valuation is an inflated target of market manipulation.

when you add up all the physical goods in the world that directly benefit people, that comes nowhere near these valuations.

and externalities are one way wealth is taken from the environment. then theyre parlayed.

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twoodfin 9 hours ago | parent [-]

Why should we only count physical goods as benefits?

That sounds like a pretty impoverished world to live in. No music, no art, no communication with our friends and family beyond speech…

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tsimionescu 9 hours ago | parent | next [-]

I don't think that was the point, you can add those to the physical goods list as well, as well as many other human services (education, cutting hair, open air games, etc).

The point was that the real money comes from finance games, like the stock market, forex trading, etc - things of much more dubious value when you actually look at them objectively.

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nradov 8 hours ago | parent [-]

Why should we believe that your opinion is more objective than other market participants?

	▲	inigyou 6 hours ago \| parent [-]
		Which opinion?

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thelastgallon 6 hours ago | parent | prev | next [-]

And no nfts and crypto

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jrm4 8 hours ago | parent | prev [-]

Percievable goods and services, then.

	▲	twoodfin 5 hours ago \| parent [-]
		What’s imperceptible about what, say, Meta produces? It seems to me everything they sell is perceptible and valuable to the corresponding buyer.