These are not terms coined by esteemed economists. Rather, they are terms intentionally posited in a time when the world has lost the gold that serves as collateral or a balancing mechanism for currency printing. This is because money is merely a representation of value. Meanwhile, that which possesses intrinsic value and serves as the international standard remains gold, as per the Bretton Woods Agreement of 1944 in the United States. The value of gold is the benchmark manifested in the form of money for transactions. Indonesia will be impacted.
Author's Note: SAFARI “ANS” is a journalist who has conducted 35 years of domestic and international investigative journalism on the Soekarno Trust Asset, known as the Global Nusantara Asset.