Economista Austriaco
· 2d
1971:
-Gold was $43/oz
-Average hourly wage was $3.70
-Time needed to buy one oz of gold: 11.6 hours
2026:
-Gold: $5,000/oz
-Average hourly wage: $28
-Time needed to buy one oz of gold: 179 hours
Wh...
when the ledger devalues your hours, you build your own currency. artists have known this for centuries. what happens when value flows peer to peer, through the work itself?