$ = iPod

Just a quick RadPost about the prevailing winds of global economics and how it relates to mass-marketed consumer electronics. Economists are using the iPod nano as the benchmark for valuing currency around the globe. It’s a way to see how other currency networks match up against each other — kind of like how our $1 is worth around 90 cents in Canada. Now, our $149.99 iPod is worth $182.11 in Australia. Fascinating — that the iPod is ubiquitious enough to be used as a measuring stick for market trends. What a strange way to think — that my house, worth about 1,600 iPods, may be worth 1,900 iPods in Brazil. How would we type that? Instead of $1,600, would it be i1,600?

Just a thought about how technology affects the many.

About radamdavidson

I'm a husband, dad, and pastor living in Portage, Michigan. I suppose I'm a euphoric melancholy generalist with average skills, experiences, and passions across several intertwined disciplines and hobbies including music, speaking, writing, leadership, ministry, and collecting cultural artifacts from the 1980's -- mostly vintage boomboxes. You can read my blog at www.radamdavidson.com, subscribe to my podcast (RadCast) or friend me on facebook.com/radamdavidson. about.me/radamdavidson
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