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by edoo
2254 days ago
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Technology is deflationary. You get more done with less. Prices should be going down not up. The average steel worker now can produce thousands of times the amount of steel than their counterparts could a hundred years ago, yet they work more hours and receive less purchasing power for their time. Most all of this can be traced to regulations, like fiat currency and patent systems. If we had an honest society not based on grift the average person would be able to work a fraction of the time they have to now to make ends meet, which would let them have massively more free time to pursue what they wanted and may not hate doing some drudge work everyday. When I was a kid you could put yourself through college and rent an apartment delivering pizzas a few nights a week. In the 50's you could work a couple days a month to pay the rent. It is the attempts at social planning that drain the tech gains away from people. Ditch the fiat. |
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