This is either a way too elaborate troll or one of the dumbest things I have ever read and I can't figure out which it is.
We're evolving towards the status where airconditioning is no longer optional when building/renovating a house.
I have mixed feelings about measuring their wealth based on share prices because they couldn’t sell their shares without tanking the price, right?
Technically this is true, but remember that the wealthy can borrow money backed up by their stocks, so no: they couldn't sell those stocks without tanking the price, but yes: they have access to even more money because of this.
internetofsomethings
joined 1 year ago
Wow you are actually serious. Okay here we go.
As a final example, let's go beyond units of measurement. If I place a book on the table and ask you to estimate the value of it: you might say something like 20$? I might say something like €20? We just use the currency we're familiar with. What if I ask you to estimate the value of that same book in Vietnamese Dong without looking up anything? 50? 100? 200 000? I wouldn't know. I don't know if you buy a pencil sharpener or a car with 200k Vietnamese Dong. But a Vietnamese person would know, right?
You're talking purely from a perspective of someone that is very familiar with one system and has very little knowledge of the other. It's not that you -by your own omission- can only estimate something like a centimeter and not much else that the rest of the world breaks down when they see a 3 centimeter rope. Both systems might have merit, but metric is a clearly superior system in almost any perceivable and objective way that I can think of.