Ok, that makes sense. It's not that my previous work is becoming more valuable so much as it is taking less work to produce the same amount of stuff.
It should. But stuff gets broken from time to time. Crops fail, boats sink, storms wreck stuff, etc.
All prices should trend lower as technology produces more stuff with less input, but instead… the world’s major economies all mass debase their currencies in a race to the bottom, and because their populations are well trained to just suck it up, they do.
Escape to hard money and you are paid both:
i). the growth from technology
ii) the inflation from debasement
It is cheat mode.
All prices should trend lower as technology produces more stuff with less input, but instead… the world’s major economies all mass debase their currencies in a race to the bottom, and because their populations are well trained to just suck it up, they do.
Escape to hard money and you are paid both:
i). the growth from technology
ii) the inflation from debasement
It is cheat mode.
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