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Replying to Avatar Jeff Booth

1) Prices in a free market fall to their marginal cost of production.

2) The marginal cost of production keeps falling towards zero due to technological advancements

Which means that if “your” prices are going up over time….1) it is not a free market and 2) you’re measuring from an inferior currency to Bitcoin.

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sofka 2y ago

OH, wait.... I thought falling prices are bad....., just as C.Lagarde keeps telling us with horror in her voice....ECB have to "save us" from such a plague...🤡

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