"People in business still think of video on the model of watching TV, not its value for enterprise, " he says.
The yuan, also known as the renmimbi, is not a free-floating currency so the market does not determine its value.
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The long-term answer is schooling, where the cards are subtly stacked against Romanies who want to educate their children (and the system does nothing to win over those who do not see its value).
This is intellectually dishonest, as the value in money does not come from its nominal value but rather from its purchasing power.
While its internal value has not fallen as much as it once did, thanks to lower inflation, its external value ie, in relation to other currencies has been in remorseless decline, albeit punctuated by some longish rallies.
In the 1929 crash and its aftermath the market lost 86% of its value and did not get back to its 1929 level until 1955, twenty-six years later.
Why, he wonders, could he not have been given its value in money instead?
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Art insurers, niche businesses that provide cover for museums, auction houses, private and corporate collections, reckon that they will have to pay out millions of dollars in compensation for lost works a sum well below the true loss, because much of the art in the World Trade Centre was not insured for its full value.
Speaking at the Conservative Party conference in September, the home secretary said the government would take on "powerful vested interests" which opposed its policy and the higher education sector could not be treated differently because of its value to the economy.
The government, she argued, would take on "powerful vested interests" which opposed its policy, adding that the higher education sector could not be treated differently because of its value to the British economy.
Yet its value might not be that great to either of its parents.
It fell to 63% in mid-2009 from 72% in 2001 because of the decline in its value, not reduced demand.
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That people may acquire this car because of their need for status symbol does not in any way diminish its value as an amazing vehicle.
The thinking mind, in contrast to the programmed selling, rationalized that Freeport McMoran is not without value, given its diversified geographic and political mining operations.
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You have to acquire a reputation as a person who produces just the right amount of money that people want, in particular money that does not depreciate and retains its exchange value.
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Much of the data in this category required a significant amount of effort and expense to create in the first place and would be unfortunate to lose just because its value is not immediately recognized.
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Not 2.5 times its book value like the U.S. equity market, but its book value.
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Arguments such as Apple is fundamentally cheap close to its cash value will not hold water.
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Cash does have an allure when times are uncertain because its reported value is not impacted by the fluctuations of the market.
Green-belt land is not chosen for its beauty or environmental value.
Alas, the Coca-Cola brand is not what it once was-its value has declined 4% annually over the past four years, and the stock has seen a corresponding 9% decline.
And, hence, the stock is not likely to show its true fair value in the near term until the noise from the non-operating factors slowly dies down.
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It is encouraging to see that you recognise this issue is of paramount importance to the performance of the bank and in offering these suggestions I am certainly not discouraging this initiative but recognising its value.
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Home Secretary Theresa May told the Conservative Party conference last autumn that the UK wanted to attract the brightest and the best but the higher education sector could not be treated differently because of its value to the British economy.
It has caught a lot of flak in the past for not explaining its policy and not having a consistent line on interest rates and the value of the euro.
The rial is not traded on the global currency markets, so it is not possible to produce accurate figures for its value.
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Alas, the Coca-Cola brand is not what it once was--its value has declined 4% annually over the past four years, and the stock has seen a corresponding 9% decline.
Certainly the hitch does not seem to have harmed its own market value, well above that of some very much more profitable conventional firms such as PaineWebber, Bear Stearns and Lehman Brothers.
EU, if not yet as a member, include its value as a diplomatic and commercial bridgehead into the energy-rich, newly independent countries of Central Asia, and as a cultural bridgehead into Islam.
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The moral claim real money places on society on behalf of its bearer comes not from the intrinsic value of the token but from the fact that the bearer had previously produced some good or service deemed valuable by others.
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