The action of establishing the value for goods and services on the Market is happening continuously twenty four hours a day. This action takes place on all Markets whether Open Markets or not. It is an inherent action; as long as there are producers, producing goods and services and exchanging them with each other, this Market force is at work. It is a force working to establish the prices even with all the destructive out exchange taking place on the Market by the rewarded non-producers. This force is always at work in the Market. This is a natural force found in nature.
Even with all the muddle and confusion created by the non-producers, in their destructive efforts to steal money, wealth and energy from the Market with no or not enough production exchanged for it, this phenomenon is taking place. Of course the value of goods and services gets placed incorrectly, usually higher than it would be.
When non-producers, as they become producers, place their created goods and services on the Market in exchange for the money they take, prices will drop in relation to the increased volume of goods and services present. As production volume increases, demand tends to drop off and prices drop as a result. Rewarding non-production causes prices to rise because the volume of goods and services is lower from non-producers exchanging little or no goods and services for the money they receive. This causes demand to rise and prices follow along.
The Market has a directed effort to set the value for goods and services that are competing with each other. The Market forces take place “anywhere at anytime” producers create a Market by exchanging goods and services with each other or for money.
Producer Rewarded Open Market Economics
The Science of Economics
By: R P Obrigewitsch
December 4, 2011
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Axioms of Economics
Constant Money Supply
Money Velocity and Prosperity
- 1.0 Money Velocity and Prosperity
- 1.1 The Money Velocity Cycle
- 1.2 Capital Producing Economics
- 1.3 Vampire Economics
- 1.4 The Goal of a Society
- 1.5 Production Efficiency
- 1.6 Why Money Velocity Slows Down?
- 1.7 Capital Destroying Economics
- 1.8 Producer, Non-producer or Counter-producer?
- 1.9 Razor Thin Path