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Showing posts from August 25, 2023

A Virtual Currency

11 Jan 2026 – Update [rewritten by Gemini] Country-specific versions of this virtual currency could be created.  Examples include: The US Daly, The UK Daly, The French Daly, The Japanese Daly, etc. KEY ADVANTAGES:  * Enhanced Precision: Reflects the real cost of living more accurately by aligning with local inflation trends.  * Broader Utility: This localized accuracy makes it a more reliable standard for a wider range of applications and financial modeling. Use Cases for Long-Term Analysis: This system allows for the tracking of various metrics over time, including:  * National Metrics: Historical comparisons of national GNI (Gross National Income) or GDP per capita.  * Welfare Tracking: Longitudinal tracking of real economic welfare or poverty levels.  * Labor Markets: Trends in real wages, corporate profitability, salary scales, and recruitment valuation.  * Investment Markets: Valuation trends for equities (shares) and fixed-income assets (bonds...
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