[raducu]

Listen -- if 0.5% of people see real economic growth of 10000% and the rest see negative growth after inflation, even if on paper, on average we have positive growth, the overall result is NEGATIVE if you ask me.

Just check real wage growth in the western world, after inflation it is stagnant or negative in the last decades; add in hugely inflated housing prices, education prices, and it is very clearly a big NEGATIVE outcome for the average person; this is only offset a bit by women entering the workforce, now you have 2 slaves instead of 1.

Yeah, the developing world might fare better -- for now -- as they are much cheaper then workers in the developed world, but the same trap awaits them, the same asset price inflation, education costs and so on is happening in the developing world, it's not fully our turn yet, but the writing is on the wall.