Yeah same thought, but I am not sure how it'll work long term with continuously lowering costs for everything.
For example if everyone wanted wild caught tuna and the fishing fleet was heavily automated it would be efficient and inexpensive at the same time.
Eventually the stock will become overfished so much that the scarcity will increase the price, but that's a bleak solution.
We could model out all sorts of things, but at the end of the day, we have no idea how profound the introduction of sound money will be on society. Bottom line, govt regulations don’t really work, and the free market will be a better governor on resource depletion than any centralized entity could be. We also will be able to grow plenty of cattle and food for societies once we decentralize and stop having the IMF dictate global food production and export.
