Crazy how far we've come in 122 years.
TIL that today, 122 years ago, the Wright brothers made the first powered flight at Kitty Hawk—Orville’s first flight lasted just 12 seconds and went 120 feet.
https://airandspace.si.edu/stories/editorial/wright-brothers-made-history-kitty-hawk
#til #todayilearned
Discussion
On of the greatest innovations and technological disruptions occurred when the Wright Brothers took flight 122 years ago.
This happened during the Gold Standard.
Think of all the other entrepreneurs of that time. Tesla, Edison, Ford, the list and innovations go on and on.
So don’t let any Keynesian asshat tell you we need fiat inflation or else everyone would just sit around idle and no one would take risks.
Fuck that noise.