Growth in productivity has weakened in high income countries, and are reported to be about 1 % after 2008, while it was 3 % from 1971-2007.

It raises several questions in my mind. 1) Has it really gone down? It goes against the trend. 2) Is it that it hasn’t actually gone down, but that it is not being reflected anymore in income because of infinite supply of certain digital goods? 2) Is it partly because of rising income inequality? 3) Is it because of failing fiat currencies, causing low productivity businesses to still operate and an evergrowing workforce doing non-productive stuff like predicting the next move of a failing currency? 4) A mix of all of the above?

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