I totally see your point - and agree that is the way things should be
done if we are to study and learn all the official rules. But I get a
headache thinking about how inefficient the process is. In my scientific
mind I just use grams.
Looking at your example, who derives value from all that?? All I can see
is that it supports a few bureaucracies. It provides no benefits to the
company, except to help it fail. For my company, I just want to have
good numbers to see where the money is going, how much I have and make a
budget. That is pretty simple if using grams of gold. No worrying about
currency fluctuation, inflation, deflation (well really you would - but indirectly).
To take your point further, with precision, we should include inflation
& deflation in all our accounting on a minute to minute basis. Never
mind the fact that the governments figures are widely discredited. And
what type of inflation are we talking about? Financial, goods, services,
M1, M3, oil, gold, all of them in a basket?
The problem is all this stuff is relative to everything else and subject
to differences of opinion.
My point, taken to extremes, is to use the mass (not weight) of gold, so
that even a budding moon colony or space craft will not feel
disenfranchised. Mass is not relative to anything I know of and can't be
messed with by governments.
We have a global economy, despite all vested interests, efficient
business evolution will eventually create a simple way to transfer
value. We can either wait till someone officially says the obvious or do
it ourselves.
~"Everything should be made as simple as possible, but not too simple."
Albert Einstein
If this post is worth 2 cents send me 2 milligrams instead: 110237 :)
>
> choose to ignore the whole thing, maintain limited records on a
> few odd transactions, or don't use it at all because my head
> is starting to hurt.
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