Just because the data is distorted by a broken money tool (fiat), does not mean everything else is collapsing. Have we stopped producing real wealth?
Discussion
Is iPhone 15 wealthier than iPhone 3gs?
Does the 15 provide you more value than the 3gs?
Thats my point, I think relative value of 3gs is tremendously bigger than of 15. And today we seem like mostly produce iphone 15s in most of the areas rather than 3gss
Hope to be wrong and probably there are many important things are created. But it often feels like we use resources less efficiently year to year