No specialist here, but it can also grow.
Id the coin in my hand goes to you and than to me, ans this cycle repeats once per year, our Gpd is 1.
But if we do this 2 per year, our GDP is 2.
Compare this with the barter system (escambo).
We don't have the goal of trading money, but of trading goods.
If I get 1 kg of rice from my plant pee year to sell to you for 1 real, and you get 1 kg of beams, we can do this as often as you want, having only one real.
The "earth resources" plus our work is the real good being traded, not the paper
namosca
npub1au…uxp7s
2024-09-26 14:30:30
in reply to nevent1q…fhv7
Author Public Key
npub1auwq2edy2tahk58uepwyvjjmdvkxdvmrv492xts8m2s030gla0msruxp7sPublished at
2024-09-26 14:30:30Event JSON
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"content": "No specialist here, but it can also grow.\n\nId the coin in my hand goes to you and than to me, ans this cycle repeats once per year, our Gpd is 1.\n\nBut if we do this 2 per year, our GDP is 2.\n\nCompare this with the barter system (escambo).\n\nWe don't have the goal of trading money, but of trading goods.\n\nIf I get 1 kg of rice from my plant pee year to sell to you for 1 real, and you get 1 kg of beams, we can do this as often as you want, having only one real.\n\nThe \"earth resources\" plus our work is the real good being traded, not the paper",
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