For his entire adult life, my father kept a notebook where he recorded his main economic measure of how he was doing:

Pints per hour.

That's earned income expressed in the number of pints of beer it could purchase at that time in the location he was living per hour worked to gain that income.

I wonder what he'd have made of crypto.

Established 1968. Cast about parenting, life in 🏴󠁧󠁢󠁷󠁬󠁳󠁿 South Wales 🏴󠁧󠁢󠁷󠁬󠁳󠁿, coding, being older than most around here and general nonsense.

This is genius because it captures inflation better then most.

That was his thinking. Regional variation as he moved around the country too.