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.
partial_accumen@lemmy.world 6 months ago
I’m not understanding where you’re going with this. What problem are you trying to solve? Lets say for a moment you did find this magical objective and fair international measurement method. What then? How would you use apply it?
OhmsLawn@lemmy.world 6 months ago
Honestly? Sometimes my brain just runs with stuff like this. Having travelled enough, it gets really fascinating, what’s expensive where and why. A universal value metric would be about as useful to me as the Kelvin scale is. It’s nice to have it as a thought tool, but it’s not particularly useful day-to-day.
partial_accumen@lemmy.world 6 months ago
Gotcha, so more of a solution looking for a problem at this point? I thought you were advocating for a policy path I wasn’t understanding. Nothing wrong with simply ideating for the sake of exploration. I do the same myself.