Replying to Avatar j'ai les clés

Granted. nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe argues this effectively in his Price of Tomorrow: technological progress means the marginal cost of production falls to zero.

But, in your scenario how would a central bank manage a 0% inflation rate? That’s the part I need ELI5. Not all prices will fall at the same rate, because not everything sold is produced with technology — and some prices may increase, say, if the value provided or lack of supply for that item or service fetches a higher price tag.

The system is designed for wealth extraction. It doesn't work any other way.

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