[inigyou]

Yeah, they've been explaining away inflation for decades by averaging housing with electronics. Yes your rent has tripled, but your TV is also 3 times as big and your gamebox has 1000 times the CPU so really, things have only gotten 2% more expensive, says the CPI calculation.

Now the politicians don't even have that excuse. I suppose they'll have to add AI tokens to CPI. Used to cost $1000 each, now $0.000002 each, average inflation is 2%.

Except they don't even have that because the recent FOMC meeting pretty much admitted inflation is 4% and they don't feel like doing anything to reduce it, but they're definitely committed to reducing it, they swear.

[rustcleaner]

There is a limit on production efficiency, life is full of logistic curves which feel exponential at first until the inflection and leveling off phases.

It's going to hurt when agriculture does not see the efficiency gains it has been receiving for the last century or so. We might be at the inflection or leveling off now.

[650]

Ponzi scheme stock market is also relevant here. Productivity will max out if RSI AGI doesn't pan out.