Sunday, January 1, 2023

Vector currency

Since "needs" and (therefore) "value" is a vector quantity* I have suggested that a vector currency would be a more accurate measure of value than present day (scalar) money is. Something similar was in use during the 1940s where various different coupons were used to buy meat, eggs, fats, cheese, bacon, sugar, milk, tea, coffee, gasoline, fuel oil, tires, bicycles, typewriters, and various items of clothing.

* See my paper Capitalism is Wrong. (One version of which is in my book, Twelve Papers, on my website: www.robert-w-jones.com) 

No comments:

Post a Comment