The economic concept of monetary standard of currencies is reviewed in a classical physics standpoint. Are analyzed the physical characteristics of the material elements used to represent value and how the energy matrix of an economy can play an important role in the sustained growth, through the adoption of a new monetary standard, based on the energy supply capacity .
Regardless of the gold-standard being considered as outdated, it provides valuable signs concerning the development of novel monetary standards, better adjusted to the current macroeconomic environment. By using a point of view of classical physics, the intent of this work is doing a review of the concept of monetary standard and show that the energy matrix of an economy together with a new monetary standard, based on the supply energy capacity, can play an essential role in the sustainable growth .
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The economic concept of monetary standard of currencies is reviewed in a classical physics standpoint. Are analyzed the physical characteristics of
Regardless of
R
material elements used to represent value and how
gold-standard being considered as outdated, it provides valuable signs concerning the development of novel monetary standards, better adjusted to the current macroeconomic environment. By using a point of view of classical physics, the intent of this work is doing a review of the concept of monetary standard and show that
R
can play an important role in the sustained growth, through the adoption of
together with
R
energy supply capacity
supply energy capacity, can play an essential role in the sustainable growth