Drawing on the teachings of the East Prussian millenarian mystic Johann Friedrich Schoenherr, Ebel and Diestel posited that the act of coitus between a man and a woman was essentially a re-enactment of the moment of creation, when two vast balls, one of fire and one of water, had collided to form the universe. The sexual act between man (fire) and woman (water) thus had an intrinsic cosmic significance and value and should be accepted and cultivated as an essential feature of any harmonious marital relationship. Male participants in the circle were advised to make love to their wives with the lamp lit, rather than in darkness, so that erotic fantasies were banished and ‘blind lust’ was transformed into ‘conscious affection for the spouse’.
The prime mover in a financial market is not value or price, but price differences; not averaging, but arbitraging. People arbitrage between places or times. (...) These arbitrage tactics assume no "intrinsic" value in the item being sold; they simply observe and forecast a difference in price, and try to profit from it.
Worse yet is the fact that the meaning of life without positive value is not simply neutral. Because we are vulnerable and mortal, pain and anxiety are an integral part of human existence. We must have something to set against the suffering that is intrinsic to being.
We must have the meaning inherent in a profound system of value or the horror of existence rapidly becomes paramount. Then, nihilism beckons, with its hopelessness and despair.
One advantage of the gold standard is that it provides predictable exchange ranges. It also protects against inflation; a government cannot print new money unless it has sufficient gold reserves to back the new currency. Under this system, the paper in your wallet does have intrinsic value; you can take your $35 and demand an ounce of gold instead.
When a currency backed by gold comes under pressure (e.g., because of a weakening economy), foreigners start to demand gold instead of paper. In order to defend the nation’s gold reserves, the central bank must raise interest rates—even though a weakening economy needs the opposite.
Heracles' deeds are called athloi. The Greek word means "contests." Athloi is normally used of the panhellenic contests which played such an important role in aristocratic status-competition. Athlos specifically refers to contests for prizes, prizes which in theory at least were mere symbols of glory, and of no intrinsic value. Diodorus reports that Heracles introduced the first games at Olympia for "only a crown since he himself had conferred benefits on the race of men without receiving any pay"
...the idea of creating a normative, antihumanist ethics is a contradiction in terms” because it is impossible to "project into the universe itself an ‘intrinsic value.’"