Some Physics Notions on Monetary Standard

TL;DR

This paper explores the concept of monetary standards through the lens of classical physics, proposing an energy-based approach to enhance sustainable economic growth.

Contribution

It introduces an innovative monetary standard based on energy supply capacity, linking physics concepts with economic development.

Findings

Energy matrix of an economy is crucial for growth.

Energy-based monetary standards can improve sustainability.

Classical physics offers valuable insights into monetary theory.

Abstract

Regardless of the gold-standard being considered as outdated, it provides valuable signs concerning the development of novel monetary standards, better adjusted to the current macroeconomic environment.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 energy supply capacity, can play an essential role in the sustainable growth.