Fiat money creates massive scale. But scale is a race to the bottom, which is why everything gets worse over time.

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It’s on a race to the bottom

We’re face rock bottom

The same old quantity over quality fallacy

Unlimited denominator creates massive scale.

We are tipping the scales

When you start to notice this, you see it everywhere

I used to think cheaper = better

I remember joyfully evangelizing Amazon in college, thinking how savvy I was for being able to acquire things I didn’t need in a more convenient way for less money

Now I understand that the cheaper something is, the greater the suffering required to produce it (and profit) at that price point, not to mention the extraction of wealth from communities and its concentration into fewer and fewer hands

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