Comment Comment by jcbrand Except that this is literally what Gold does.The ratio of one ounce of gold to one productive beef cow has held for a hundred years, and plausibly for around 5,000 years.A single ounce of gold could purchase a quality tunic, sandals, and belt in Ancient Rome and still buys a fine tailored suit in the modern era.https://findbullionprices.com/blog/gold-purchasing-power-wha... parent jcbrand 1 month ago
The ratio of one ounce of gold to one productive beef cow has held for a hundred years, and plausibly for around 5,000 years.
A single ounce of gold could purchase a quality tunic, sandals, and belt in Ancient Rome and still buys a fine tailored suit in the modern era.
https://findbullionprices.com/blog/gold-purchasing-power-wha...