The Statist Peril of Techno-Asset Inflation
https://mises.org/mises-wire/statist-peril-techno-asset-inflationBy Brendan Brown
> From the sixteenth century to today, techno-asset inflation is found where monetary inflation and technological revolution interact to produce virulent asset inflation.
> The positive supply shock emanating from the technological revolution bears down on goods and services prices. This expands the scope for monetary inflation by impeding an intensification of its symptoms in goods and services markets.
I recall making a similar comment to @SimpleStacker about this recently. Especially in a world of inflation targets, technological advances pushing prices down in one sector must be offset by higher than normal inflation, in order to keep average prices steady or increasing.
https://stacker.news/items/1554310
