Fahrenheits changing every year

- Mom, how much is our house worth?

- Well, we live in a good neighborhood and we made sure to keep the house in good shape like
anybody else in our neighborhood dear. So, we paid 100 ounces of gold for it 30 years ago and it is about the same value today.

Imagine living on this planet.
Unfortunately, on our planet, we live in a world where we use currencies to measure values and this currencies constantly change.
Imagine if thermometers changed every year so that next year 80 degrees Fahrenheit would actually be 82 degrees. The thermometer vendors would be happy about this system because they keep selling thermometers years after years.
And then, we people talk about measures of temperature through time, they have to mention the year. Imagine reading a scientific article about temperature reading of the water in some pacific island affected by a volcano:
<>
(or Celsius, ...)

Imagine going to the garage station to fill up your car and you verify if he uses the current gallons, not last years gallons since these have changed.

Sound silly? Well actually we are not far off from that when we talk about the US dollars, the yen, the euro, the pound, the Canadian dollar or any other fiat currency. They are suppose to be a measure of value but they keep changing every year!!!!

Who do you think will be the first to complain about changing this system to a fixed measurement system, one that doesn't change every year, like the gold standard?
Answer: anyone getting richer with this system. This means those hedge funds who are only working on betting on variations of currencies. This is something that started when Nixon officially disconnected the US dollar from the Gold standard, these firms started popping up that are basically day trading on the exchange rates.
If Canadian Celsius goes up against UK's Celsius etc... they would be betting on this.
I meant currency :-)

Don't expect those folks to talk nicely about the virtue of the Gold Standard. They will use the Great Depression as an example of the misery the gold standard can bring. Total lie, it was a side effect of the Fractional Reserve Banking combine with the gold surplus the US was getting from payments from UK, France and Germany for materials for WWI

To have a fixed measurement, the measurement must not change and for this, it means the same amount in circulation. To that, we hear:
What about if the population increases by 30%, where would they get the additional gold to fit?
Well, I hope the amount of commodities will also increase by 30% otherwise some people will be starving. So, if the amount of commodities increase but the amount of gold stays the same, then the commodities value in gold will decrease and hence, it will take less gold to buy a given amount of commodities.
- Less gold? That means prices decline!
Well that's normal, there is more commodities but there is as much demand as before so the seller won't be sad...

-Wouldn't that lead to deflation?
Not if it is gradual and beside, we see price deflation on electronics every year and nobody complains!

We will cover more in future post/Articles. Stay tuned!

Take care
Phil