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The Error of Pricing Goods in Gold
Manage episode 309301297 series 3030666
Konten disediakan oleh The Blue Collar Economist and Robert A. McKeown. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh The Blue Collar Economist and Robert A. McKeown atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
Terms matter. There is a false understanding as to how gold and silver commodity prices reflect values of current goods and services. Let us see how it is erroneous to simply use commodity prices as reflections of consumer prices in currency terms. https://thebluecollareconomist.com/2014/10/08/the-error-of-pricing-goods-in-gold/
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