"If the world today uses Homer's" Odyssey "economy: no baht, no sensitive transfer,

But pay for the hotel with '10 cows' and a 'partner contract'. "

4 Economic phenomenon. If the system in the "Odyssey" actually happens in today's world,

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1. The collapse of the currency system. Turn to the "dignity and protection economy."

- What happened: In the Odyssey, there is still no numismatic system; the economy is driven by the "Oikos" (singular household) and "Xenia" (the custom of welcoming and protecting strangers guests) systems.

- Current impact:

Foreign trade will not use dollars or Kerrenzi kryptoes, but will measure their value together with livestock (cattle / horses), precious metals (gold / bronze) and symbolic gifts.

The hospitality sector, like hotels and restaurants, will change from paying to "building a network of partners," where hospitalists will get their reputation, protection rights and war allies.

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2. The cost of maritime transport skyrocketed suddenly.

- What happened: Odysseus' journey was filled with natural disasters, demons, and the wrath of gods (such as Poseidon).

Current impact:

- Shipping freight and maritime freight premiums will soar so dramatically that the global supply chain is stalled.

There was a supply-side inflation crisis. Imported goods became premium rarities.

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3. Crisis of asset occupation and perils from "opportunists"

- What happened: A group of engaged Suitors devoured the property of Odysseus' home during his disappearance without the legal system or the villagers being able to evict it.

- Current impact:

Reflecting the Weak Property Rights Crisis, if the property owner or leader is absent, the property will be completely devoured.

In business, there is a lack of governance that causes corporate assets to be interfered with and destroyed without verification.

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4. Labour is driven by slavery and class.

- What happened: The Homeric-era economy relied on slave labor and attendant slaves (such as Eumaeus, the faithful pig herder).

- Current impact:

The labour market will lack flexibility, the purchasing power of the lower strata is zero, resulting in extreme disparity problems, and a lack of motivation to develop innovation because labour has no wages.

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From this points out how "the current financial system and free trade laws" are of enormous value, because without the monetary system and property protection laws, the world will revolve back to an era where risk costs are so high that global trade cannot actually occur.

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# Odyssey # Famous movie # TheOdyssey # Effectiveth # Effective