Comment: Only one person needed to value something subjectively.

(See in situ)


Only one person needed to value something subjectively.

The market cannot agree on value or no trade occurs.

A trade establishes relative value on one point in time. Each trader valuing what the other has more than they value what they hold.

People may agree on an evaluation but until two individuals contract their money, asset, commodity, service for trade, it merely suggests an agreement.

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