Work on the intrinsic/extrinsic distinction is often motivated by its use in other areas, such as intrinsic value, real vs. Cambridge change, supervenience and other topics. With the exception of Figdor 2008, philosophers have sought to articulate a global distinction -- a distinction between kinds of properties, rather than ways in which individuals have properties. I argue that global I/E distinctions are unable to do the work that allegedly motivates them, focusing on the case of intrinsic value.