Two additional comments. Firstly, I believe the intentional creation of Bullshit jobs in conjunction with the central planners targeted selection of which stocks to use to manage the economy, ie Google, Oracle, Meta, Microsoft, Apple etc is even more sinister. Frankly, their software isn’t that complex and doesn’t need all these employees (the surveillance units are separate). All these people recruited from these elite schools to work at Apple or Google, no purpose other than to make these market makers seem real.

Secondly, innovation and technology don’t cause deflation. They cause price reductions. Deflation would be a decrease in money supply. Bitcoin is a static 21 million supply.