ponder this.

“Prices represent one of the most efficient communication devices ever invented.”

I read this quote a while ago. It really made me stop and think. It makes so much sense and it has a great deal of meaning to it. I showed to a couple of my friends shortly after reading it and they both were confused at its meaning. I think it you just let the meaning really sink it, it becomes obvious. The quote really made me rethink the way I perceive money. It’s very interesting to me.

I guess I should explain the quote. It pretty much means that the price we are willing to pay for something says a lot about how much value we place on that item. It’s a communication device in the sense that a price of something tells you instantly how much value that item holds. That’s really what it means. The quote is just more pithy than my explanation.

This quote randomly popped into my mind a few minutes ago as I was just thinking about the prices of various things I want to buy. I couldn’t remember the exact quote, so I went and searched back on my Facebook profile because I posted it as my status a few months back. I was set on finding the quote and sharing it with you.

I think it’s a pretty cool quote and once you understand it, I hope it makes you think like it made me think. I hope I’m not the only one who finds the quote interesting.