alt Hacker NewsA goat or a sheep cost roughly the same in gold today as it cost 2000 years ago during the Roman Empire. Gold is the only “real money” in the sense that it is the only stable measure of the value of basic needs over centuries.
https://chatgpt.com/share/696fb3e8-91d4-800a-9b2b-32eacdadeb...
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Goat production is overall much cheaper now so wouldn't we expect the "real" price to be less? That it tracks the price of goats and sheep makes me think it's not a particularly stable unit of value since I don't expect goat or sheep to be valued in a stable way, especially across millenia.
A goat costs exactly (not roughly) the same in goats today as it cost 2000 years ago. So by that measure a goat is the only stable measure of the value of basic needs over centuries.
Ahh, yes, gold and the speed of light in a vacuum - the only real constants in the real universe.
First link to ChatGPT as a "source" that I've seen in the wild.
Times they are a-changing.
I can't say that anyone is going to find that very convincing, even if it's a compelling idea to consider gold inflation over the centuries.