Comment on We keep measuring everything's value with something that continuously loses value over time

OhmsLawn@lemmy.world ⁨6⁩ ⁨months⁩ ago

I get it, and I wish there was a more stable way to measure value internationally. Not for trade or anything, just a baseline. Something along the line of total global money value / total supply.

I’ve only thought about it casually, but everything I’ve come up with makes the concept more complicated. It spirals pretty quickly. Value in what? Gold? (no). Watt-hours? Who’s energy?

I’m sure someone with an economics degree has gone absolutely nuts trying to figure something out. I’d be very interested to learn more.

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