Comment by skeezyboy

>As the quote you offered says, it is measured after.

i was quoting you... but you have tried to have it both ways. you said....

> Price measures what you are giving up to receive value.

notice you didnt say gave, you said giving. There is a price before the "transaction"

> Price is not determined until a voluntary transition takes place

But we had a price before we made the purchase??? If you swap price with market value in the second quote youre completely right.

Market Value is determined in this offer/sell kind of fashion precisely because it ISNT intrinsic.