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by CyberDildonics
70 days ago
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kept the population in a permanent state of depression. Says who? people had barely enough money to buy necessities. Where are you getting that? I think you're confusing and conflating all sorts of things like human advancements with inflationary money. I'm sure what you're saying makes sense if you think every invention, discovery and gain of knowledge was from people having their money inflated, but there isn't any evidence of this, it's just you restating it. The economic growth exploded, surpassing _millenia_ of innovation within mere _decades_ once we got rid of the golden chains. That really only happened in the 70s, it wasn't exactly the dark ages before that. |
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Err... Have you ever studied history?
> Where are you getting that?
From learning the basics of history? Before 1900-s famines were common, and most people were illiterate.
> That really only happened in the 70s, it wasn't exactly the dark ages before that.
Got it. You live in an imaginary world.
In reality, the first inflation happened when the European civilization established contact with South America. It rapidly expanded the monetary base and provided an impetus to economic development.
Then paper money (and equivalent debt-based mechanisms) were invented and became popular, and this turbocharged everything.