commodities

Distribution of valuable commodities today is also highly inequitable, despite it being through less violent means.

Nowadays all those API gateway features are commodities and doesn't make sense to pay for it anymore.

Because of the low volume, they're not made like commodities (as trumpets and even violins are).

Yes, the world moves on, the nature of work changes, and things that were valuable 10 years ago become commodities.

Even more important would be movement of commodities around the world between people who need them.

For physical commodities, financial cost will eventually converges to physical cost as the contracts reach settlements.

Vast inequality underpinned by a monopoly on violence is the inevitable product of trade in commodities?

And if you want to focus only on commodities, well, this is where the effect of marginal utility is most pronounced.

You can hedge ferts to an extent with a basket of agricultural commodities that use them and hope the relationship holds.

If it were to try it, enterprising citizens would model the real value, and use commodities or similar to arbitrage the peg.

It really is much more like speculating on agricultural commodities like corn or pork bellies than buying other collectables like antiques or artwork.

They were (and are) undifferentiated commodities—I don't even have any idea who owns a cab I'm in.

This is already the case for much of commodities trading which is a naturally international business dealing with "interesting" countries.

And there are clearly examples of products where "what you get" does reveal spread (e.g., anything closely tied to commodities w/ very little or inexpensive manufacturing).

Commodities which already have value(!) become currencies because they have "durability, portability, fungibility, scarcity, divisibility, and recognizability".

Commodities without an alternative (e.g.

Commodities have a history of halts, and there have been many periods where you'd have three or four days in a row of halted trading in the first minute; essentially these highly leveraged markets needed to move way, way down or up and took a while to do so with the halt system.