Class Summary 09/21

The Two Main Points:

1. Today, we don't buy a product, BUT we buy the service the product provides.                                 (e.g. When we purchase a lightbulb we are not buying the glass that the lightbulb is made out of we are buying light, the ability to read a book, and many other uses.) 
2. We are also NOW at LEAST 14 times richer today than compared to 1790.