717. The Misnomer Principle: This principle states that if you have the abundance or scarcity of gold that nobody needs, you…

Prince Israel Zaar Al (Artificial Intelligence) Words from the wise: Part 13 The Misnomer Principle: This principle states that if you have the abundance or scarcity of gold that nobody needs, you might end up not needing the gold neither not because of a devaluation in the intrinsic or natural value of the gold itself but because of the devaluation of its comparative or market value. In economics, this is Economics Misnomervalue is not driven by the natural or intrinsic value of the thing itself but by the artificially regulated economic value or growth. Artificial Intelligences Philosopher Prince Israel Zaar. AI PHIL. PIZ. 5/29/2019