>> Please walk me through how there would be no corporate farms in hyperbitcoinized world - would like a more direct answer to this question.
Centralization has many reasons beyond the soundness of the money or the politics of it. It’s called economy of scale. Many costs go down in mass production.
I’ve talked about it in a number of episodes, I’ll try to dig one up. But maybe this would make a fun video by itself. I’ll try to boil it down to as simple an explanation as I can if I do.
But exploring the effects are fascinating and this isn’t even one of the crazy ones. Due to 30 year financing being below the cost of its resources, actually alters how cities grow and migrate. It’s a huge part of the flow of wealth from the center to the outskirts of the city in suburbs and the like. A great book that talks about how and why the model for these is based on misinformation (ironically an author who also didn’t quite understand how potent a role money was playing) is “Strong Towns” by Charles Marohn. Another fun read about this type of topic if it interests you.
“Centralization has many reasons beyond the soundness of the money or the politics of it. It’s called economy of scale. Many costs go down in mass production. “
Won’t you agree about that?
It is not the only factor, there are millions. But there is none more foundational than the access to capital. Economies of scale always exist, but fiat unnaturally subsidizes it to an enormous degree regardless of what proportion of influence it has on any particular production hierarchy or market.
it’s not that there wouldn’t be any corporate farms.
it’s that the economic value of running a farm at scale and consolidating enterprise value through land grabbingi and monopolistic practices would no longer dominate (because of debt and inflation) small family farms with community or slightly larger focus and a good business model.
good money renormalizes the incentives of scale vs local and at least doesn’t make the difference insurmountable
You sound pretty confident. Sounds like wishful thinking and optimistic bias more than anything.
The more probable answer is we don’t know.
Maybe sounder money make economy of scale less of a benefit, maybe not, maybe the opposite.
debt and inflation are systemic drivers of economies of scale.
without cheap debt to access, and inflation to take the sting of repayment off, there is factually less incentive to leverage up business models beyond certain points.
i’m drawing logical conclusions and yes, until presented with counter evidence I will hold 100% confidence (or at least some maximum).
you can also see historically that this is the case, with farms collapsing in amount and expanding in size massively since the World Wars (money printers brrrrr). that’s just a glance at data from the usda tho.
yeah let’s have confidence that we can draw logical conclusions regardless of “peer-reviewed” proof or whatever else
You don’t demonstrate logical reasoning imo. Only wishful thinking. Economy of scale goes beyond the soundness of the money. Costs go down at mass production. Big market entities will outcompete/swallow small ones over time. You haven’t addressed that. The fact that there are no 100- men company competing with Apple in the smartphones market is because economy of scale and the productiveness it creates. This is beyond “debt” and “inflation”.
You won’t be able to create better iPhones than Apple or more cost-effective food than Wallgreen in your local farm.
if I am not demonstrating logical reasoning then neither are you!
“costs go down at mass production”
disagree for the reasons I’ve stated, debt and inflation drive this.
only idea you’ve introduced is potentially that novel technology such as apple smartphone requires economy of scale.
totally different thing and idk. how big was apple when they first made the smartphone?
“disagree for the reasons I’ve stated, debt and inflation drive this”. Suit yourself.
that is what is called logical reasoning friend, unless you can debunk it?
No. That what’s called putting time and effort where it is worth. Sorry.
If you don’t get it I just won’t put my effort in convincing you.
I feel the same, but seemingly my outlook on the future here is much more positive than yours..
have a great night!
positive ain't go nothing to do with anything, we are talking about what is not what ought to be
so answer the questions, retard.
how big was apple when they invented the iphone?
how does inflation not contribute to debt arbitrage which allows the haves to outpace the have-nots in capital accumulation?
glad it took you a month to recoup enough energy to type words!
