DEFLATING “MARKET: We select opportunities for cooperation by reducing its cost

DEFLATING “MARKET:

We select opportunities for cooperation by reducing its cost and increasing its returns. And chiefly by buying options(accumulating credit) on future opportunities through successful cooperation.

The point of demarcation between simple cooperation and a proto-market, is when you produce on speculation, for the purpose of profiting from exchange.

The point of demarcation between a proto market and a simple market, is when you must use prices to calculate inputs and outputs and estimating prices.

The point of demarcation between a simple market and a market proper, occurs when we develop institutions for indirect financial cooperation: banking, finance, investment, share-money(Fiat Money).