In this post I showed how the information flows in a simple market for apples, but here I'm going to show what I hinted at in the earlier post: money is a tool to transfer information from the demand to the supply.
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How money transfers information
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In this post I showed how the information flows in a simple market for apples, but here I'm going to show what I hinted at in the earlier post: money is a tool to transfer information from the demand to the supply.