In these days with discussions of deflation and inflation, and the fact that NO comodity such as gold is plentifull enough and of fixed extractive cost to be a non-fiat means of exchange, consider: Why could not a basket of labor, say one hour of a registered nurse plus one hour of a garbage collector plus one hour of a carpenter, summed and divided by three, be a Universal Manhour, acceptable as the reserve value basis of a fiat currency. I know the usual arguments, eg a keptocracy requires steady inflation to allow "value" growth and aid in retirement of the debts accumulated to provide means of production, but I can't say I agree with them. Note that as we move towards a one-world government (cringe...) this sort of a normalization will have to be adopted sometime. Comments, please. Use your flames to burn your currency.