Acharya Prashant explains that the question of values depends on the prerequisite of knowing. He defines knowing as observing something in the present, which results in instantaneous understanding. This is distinct from knowledge, which is a function of the brain and the past. While knowledge is associated with imagination and hope, knowing is associated with reality and life. He clarifies that desire cannot exist in knowing because desire is rooted in knowledge and operates in the future, whereas knowing is always in the present.