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virtual capital gains


The measurement of capital is just virtual. If there was suddenly a loss of all cash captial in the world (someone blew up 500 tonnes of gold safely without any pollution) humans would still exist. If there was a sudden increase in all the cash capital in the world (someone decided planets in outer space were worth cash, and the goverment gets it all), or 50 dollars was now worth 5 dollars, nothing real would change. Resources would still be here and stay as they were before, while virtual systems like accounting and pricing would dramatically change. Capital is essentially just virtual - and has no real meaning in a real world or actual sense. And this is very scary. The fact that nothing will change if a paper sheet was worth 5 million dollars (because then a book might be worth 500 million) means that humans spend far too much time creating virtual systems which waste their time.

If increasing the value of goods will create more jobs for accountants, isn't this a good thing? Isn't complicating things better for humans, since it will create more employment? If each food package you purchased was much more complicated than it is now (you paid 74563236.6446636 dollars for one) then wouldn't this benefit humans, due to more jobs being available for people to analyze this complicated system? Or is there something more to humans: Knowledge and world progress, reduction of wasteful virtual systems.

Is there something more promising than infinite, endless virtual systems which halt human progress instead of encourage it?

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