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To: smolejv@gmx.net who wrote (26972)	1/6/2003 5:19:56 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

DJ, they use a consumer price index as the Standard. But I think that's just a surrogate for the real value, which an hour of the median human's time. They used to use a gold standard, but that was silly. While humans are around and that'll be for at least another 50 years, human value is the best value to use to define value. They say you can't put a price on human life, but everyone does, every day and every minute, whether they admit it or not, understand it or not. The most obvious proof is that people have an hourly rate, which is most definitely putting a price on human life. The median human life has a value and it should be fixed as = US$1 per hour. Uncle Al should expand and shrink the US$ production to maintain a fixed median human value. Which, they are more or less doing. Just as the Hamburger Index is used as a surrogate for relative values across countries and their exchange rates, the Fed uses the Consumer Price Index as a surrogate for how much people have to work to produce those goods and services comprising the consumer price index. Aha!? Mqurice