I considered deleting the post, but this seems more cowardly than just admitting I was wrong. But TIL something!

  • PotatoKat@lemmy.world
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    6 months ago

    Ah but you see if you take into consideration it’s talking about bills and not money in an account you have to take into consideration the material reality. A person who receives more 100s would have an easier time depositing and spending the money therefore they have higher utility, therefore they are worth more than the 1s.

    Sure they may have the same amount of numbers (and 1, 2,3… May even be larger because you’ll eventually repeat in the 1:1 examile) but in reality the one with the 100s will have an easier time using their objects (100 dollar bills) than the ones who pick the 1 dollar bills