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PaperclipPerfector  28d ago (text post)   2518 thread views

Small-Scale Question Sunday for April 6, 2025

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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In the opinion of at least one prominent economist, the ideal currency would be, neither fiat nor based on a single commodity (such as gold), but based on a bundle of multiple commodities.

By that standard, is the S&P GSCI, an index of commodities weighted by global production (or the iShares ETF based on that index), effectively the "one true currency" against which all government-issued currencies should be measured?

but based on a bundle of multiple commodities.

That was the plan for the (still hypothetical, possibly defunct) BRICS dollar.

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