Economic value is directed Tau-flow. An entity has economic value if and only if its production, transfer, or consumption requires Tau-flow from at least one Tau-address.
Money is a portable claim on future directed Tau-flow from other Tau-addresses. Inflation is the dilution of Tau-flow claims per token. Hyperinflation is token unmooring from real flow.
Price is a compressed Tau-signal encoding aggregate Tau-flow cost. Price changes are changes in the Tau-flow field — signals propagating through the economic standing wave.
GDP systematically undercounts non-monetised Tau-flow (care, ecology) and overcounts Tau-destructive activity (pollution clean-up, war). True Tau-throughput > GDP in healthy societies.
Goods anchored to unique Tau-addresses (land, time, attention) are structurally scarce. Information goods approach Tau-flow abundance — near-zero replication cost. The attention economy is Tau-scarcity correctly identified.
Prosperity is maximum constructive Tau-flow throughout a community: all addresses with sufficient flow-capacity, undistorted price signals, minimal Tau-destructive activity, non-monetised Tau-flow protected.